Foundational Drilling Company

Available

$1,465,000

GasStation-RealProperty-Sacramento-Business-Brokers-4160_edited.jpg

Listing No:

4132

Status:

Available

Area:

Sonoma County

Price:

$1,465,000

This is an opportunity to increase the size of your company by acquiring this well-established and very profitable drilling company.


The owner started in 2003 and built this into an operation that employees7 full-time crew members five days a week, producing over $1.3m in Gross Sales Last year, with the Owner claiming close to $400 K Income last year.


First Quarter of 2022- Revenue is on pace for over $1.6m.


ASKING PRICE : $1,465,000 DOWN PAYMENT: $295,000


SELLER FINANCING COULD BE ARRANGED.


The sale of the business includes everything currently used in the daily operation, all equipment, trucks, hardware and software, website, and phone number.


Rent is $1,550 a month for 5,000sqft. lot with 2 x finished containers, with roll-up doors serving as workshop and storage. The lease is month to month and has been for years.


Licenses Required: General Contractors ( Building Contractor)- General Engineering Contractor (Dirt Contractor).

Business Details

Ownership Type:

Corporation

License(s) Required:

General Contractor and General engineering Contractor

Home Based:

No

Year Established:

Hours of Operation:

Broker to Broker CoOp:

No

Year Purchased:

2003

Business Relocatable:

No

Date Available:

04/29/2022

Business Type:

Construction

Franchise:

No

Reason for Selling:

Retiring

Business Financial Information

Annual Total:

1.3m

Revenue:

Annual Net Income:

400,000

Inventory:

2,000.00

Monthly Payroll:

47,300/m

Base Rent:

1,550/m

Lease Expires:

month to month

Lease Option:

NNN:

Down Payment:

Owner Will Carry:

Other Finance:

Terms: