Pipe bursting and water main replacement, and directional drilling business in North Dakota, established 22 years ago by current owner. This specialized process has very little in state competition, with several cities in North Dakota having long term bursting/replacement plans. This process is appealing to cities due to minimized disruption of traffic. It also eliminates total reconstruction of roads, thus creating savings for the cities while also installing new watermains.
The push to eliminate lead lines has great potential for income as it is subsidized by the government and in conjunction with replacement projects. Lead lines on projects are very profitable. This company also offers pit launched directional drilling which complements this process as a prime contractor. Business is available due to owner wanting to retire. 2023 Revenue $5,953,000 with Owner's Adjusted Net $1,385,000. Priced at $7,000,000, including $3,000,000 equipment. Please contact Stan or Duane Johnson.
