MergerPlace

Well Drilling

Minnesota


  • Asking Price: $550,000
  • Gross Income: $789,855
  • Cash Flow: $291,231
  • Real Estate: Not Disclosed
  • Inventory: $21,747
  • FF&E: $253,000
  • Listing ID: #197796
  • Established: 1949
  • Employees: 2 FT/1 PT

Business Description

Business offers well drilling, well abandonment pump repair, irrigation, geothermal services.


Business Details

Primary Business Category: Contractors - Special Trade
Location: Minnesota

Company Information

Year Established: 1949
Home Based: No
Franchise: No
Relocatable: Yes
Number of Employees: 2 FT/1 PT

Financial Information

Asking Price: $550,000
Gross Revenue: $789,855
Cash Flow: $291,231
FF&E: $253,000
Inventory: $21,747
Seller Financing Available: No

Property Information

Facilities:

Business is housed in roughly 5200 square feet of cold storage warehouse space with a small office. The real estate could be included in a sale or rented.

Competition:

Low to moderate.

Reason for selling:

Retirement, although owner would consider working for the new owner for an extended period to transition the business and it's relationships.

Support & Training:

Will train for 2 weeks @ no cost. Service and repair, well-drilling, geothermal, irrigation, well-abandoment. Well Contractors License and plumbers license. Working knowledge of the well-drilling process and regulations a plus.

Contact Business Seller

This form may be used only to contact the seller of this specific business listing. Please do not use this form for any other purpose.

Business Listed By:

Pat Steffl

Murphy Business Brokers