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  • RE:  Well Drilling Business
  • Contact:  Dan Smith

Quick Facts

Asking Price: $1,300,000
Annual Revenue: $1,017,567
Net Profit: Not Disclosed
Cash Flow: $330,117
Total Debt: Not Disclosed
FF&E: $884,000
Real Estate: Not Disclosed
Year Established: 2023
Employees: 4
BBN Listing #: 989456
Broker Reference #: 90407342

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Business Overview:

This is an exceptional opportunity to acquire a well-drilling business with a solid foundation. This business is already positioned to capitalize on strong market demand driven by demographic growth and increasing commitments from both commercial home builders and residential homeowners. Ideal for someone looking to enter or expand in the well-drilling industry with a ready-made business that has the potential for sustained profitability.
Key Features:
New Equipment: includes 2023 Versa Drill V-12 Rig; TCM Forklift; 2001 Mac RDS Water Truck. Detailed equipment list provided upon request.
Experienced Team: The owner has assembled a skilled team with over 25 years of experience in the drilling and water purification industry, bringing a wealth of knowledge and expertise to the business.
Strong Market Demand: The business is positioned in a region with a rapidly growing population, driving increased demand for both residential and commercial well-drilling services.
Owner Willing to Qualify: The current owner is willing to qualify the business and provide necessary support to ensure a smooth transition for the new owner.
Financing: While this is a startup business and may not qualify for an SBA loan, the business could be eligible for a conventional equipment loan due to its strong asset base and established pipeline of work.

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Property Features and Assets:

Building Type: Storage Facility

Reason for Selling:

Relocating

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is a homebased business opportunity.
  • This is not a franchise resale opportunity

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