$2,500,000
Foundational Drilling Company
- Status: Pending
- Price: $1,395,000
Greg Davis
- License No:
- DRE #01375612
- Email:
- greg@lbaweb.com
- Office:
- 925-932-2450
- Mobile:
- 925-932-2450
Description
This is an opportunity to increase the size of your company by acquiring this well established and very profitable drilling company. Owner started in 2003 and built this to an operation that employees7 full time crew members 5 days a week producing over $1.3m in Gross Sales Last year, with Owner claiming close to $400,K Income last year. First Quarter of 2022- Revenue is on pace for over $1.6m.
ASKING PRICE : $1,395,000 DOWN PAYMENT: $295,000 SELLER FINANCING COULD BE ARRANGED.
Sell of the Business includes everything currently in use in the Daily Operation, all Equipment, Trucks, hardware and Software, Website, and Phone Number. Step in and keep on running, there is work to do and money to be made.
Rent is $1,550 a month for 5,000sqft. lot with 2 x finished containers, with rollup doors serving as workshop and storage. Lease is month to month, has been for years.
Licenses Required, General Contractors ( Building Contractor)- General Engineering Contractor (Dirt Contractor).
Business Information
Ownership Type:
Corporation
Year Established:
Year Purchased:
2003
Business Type:
Drilling company
License(s) Required:
General Contractor and General engineering Contractor
Hours of Operation:
Business Relocatable:
No
Business Is A Franchise:
No
Home Based:
No
Broker To Broker CoOp:
No
Office Listing Number:
4132
Date Available:
04/29/2022
Reason For Sale:
Retiring
Financial Information
- Annual Total:
- 1.3m
- Revenue:
- Annual Net Income:
- 400,000
- Inventory:
- 2,000.00
- Monthly Payroll:
- 47,300/m
Lease Information
- Base Rent:
- 1,550/m
- Lease Expires:
- month to month
- Lease Option:
- NNN:
Financing Information
- Down Payment:
- Owner Will Carry:
- Other Finance:
- Terms:
Contact Us
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