MergerPlace

Well Drilling, Pump Service

Minnesota


  • Asking Price: $1,350,000
  • Gross Income: $1,132,824
  • Cash Flow: $315,604
  • Real Estate: Not Disclosed
  • Inventory: $6,000
  • FF&E: $237,000
  • Listing ID: #214034
  • Established: 1860
  • Employees: 4 FT

Business Description

Company services municipal and industrial water wells, pumps and related equipment throughout Minnesota, Wisconsin and Iowa.


Business Details

Primary Business Category: Construction - Building, Developing
Location: Minnesota

Company Information

Year Established: 1860
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 4 FT

Financial Information

Asking Price: $1,350,000
Gross Revenue: $1,132,824
Cash Flow: $315,604
FF&E: $237,000
Inventory: $6,000
Seller Financing Available: No

Property Information

Facilities:

Custom built for the business. Office/Shop/Warehouse & Mezzanine space, 24/7 Monitored Security & Fire Alarm/Suppression System, Networked, Mitel VOIP phone system, Programmable Remote-Control Power Security Gate and Automatic Underground Irrigation System. Commercial/Industrial Zoning with Outside Storage. The Building is Available for lease.

Competition:

There is a normal level of competition in the marketplace.

Reason for selling:

Transition into retirement, willing to assist with the transition.

Support & Training:

Will train for 2 weeks @ no cost Deep Set High Capacity Line Shaft and Submersible Turbine Pumps. Services include Pump Sales, Installation, Removal, Repair, Re-installation, Testing and Performance Inspections in addition to Well Development and Sealing. Primary system applications include water for Production, Manufacturing, Processing and Irrigation. Other applications include Lift Stations, Clear Wells, Cooling Towers, Boosters, Hi-Service, Dewatering, etc. Multiple state pump installer licenses and other association memberships. Continuing Education is required.

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Business Listed By:

Pat Steffl

Murphy Business Brokers