This well drilling and pump service business is an excellent opportunity to own a profitable California agriculture based business currently serving the central region. The company currently has a 3 month backlog on permitted jobs and a 2 month waitlist with two drilling rigs running 5 days a week. A wide variety of services for the residential, agricultural, and commercial industries offered including complete well drilling, pump repair, and new installation. Equipment value is $1 million with a current inventory of $150,000. The company rents a 2 acre yard, with a 4,500 sq ft. office and shop. The buyer will need to obtain a C-57 license and the seller is willing to assist in the transition. The seller is hands on in the business and is relocating out of state. Please email for more details.
- Asking Price:
- $2,250,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $2,004,536
- Cash Flow:
- $633,475
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
Lease ends: Month to Month
- Leasehold Rent:
-
$2,000 per annum
- Size in square feet:
- 2,400
Business Operation
- Reasons for selling:
-
Relocating out of state
- Employees:
- 9
- Years established:
- 2015
Other Information
- Support & training:
-
4 weeks
- Furniture / Fixtures value:
- $1,000,000 - included in the asking price
- Inventory / Stock value:
- $150,000 - included in the asking price
