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Well Drilling Business For Sale

Florida, US
Asking Price:
$10,000,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$11,800,313
Cash Flow:
$2,216,295

50-year-old, very profitable well-drilling business for sale. The business enjoys a consistent backlog of work in the areas of irrigation, service, water treatment, well drilling, installation, and pest control. All the equipment, long term employees, and customer base needed to continue to be successful, profitable, and growing.

Owner willing to continue with the business in some capacity. Real estate is available for purchase for an additional $875,000. Included in the purchase price are inventory, rolling stock, trucks, rigs, and trenchers. Tax returns are years ending on June 30th.

Property Information

Real Estate:

Lease

Lease Terms:

Lease/ Month: $13,000

Premises Details:

Sq Ft: 3040, Building Type: Office/ Warehouse

Size in square feet:
3,040

Business Operation

Reasons for selling:

Retirement

Trading hours:

Monday - Friday, 8am - 4:30pm

Employees:
47
Years established:
50

Other Information

Furniture / Fixtures value:
$50,000 - included in the asking price
Inventory / Stock value:
$1,000,000 - included in the asking price