Description
OFF-MARKET ‘Q3 2022
Full-Service Water Drilling Firm, Start To Finish
Evanston, Wyoming (Unita County)
Seller financing: If the price and deal structure is right.
Asking Price: Best Possible Offer
Cash Flow $137,899
Gross Revenue $564,485
EBITDA: N/A
FF&E: $700,000 (Included)
Inventory: $60,500 (Included)
Established: 2011
Employees: 5
Business Description
Our client is a leading choice for drill contracting in Evanston, WY, Ogden & Heber City, UT.
Our client installs water wells for residences and homebuilders as well as contractors working on new projects. They are a full-service drilling contractor, handling projects from start to finish. They find the best spot to drill, locate the nearest ground water source, and test for contaminants. Our client will then install the well and make sure the water flow is as it should be. They also provide a host of other services including pump installation and a number of additional services. They have close to $1M in drilling rig and other equipment which is included in the sale.
They are experienced- backed by over 35 years of drilling experience. The owner has worked on oil rigs and water rigs for most of his career.
Our client’s customer service is top-notch-They love working with homebuilders and general contractors, because they want to help them complete their construction projects. The seller is always prompt and professional and keeps open lines of communication.
The seller is licensed and insured–their team has all of the training and qualifications to drill a new water well correctly. They are members of the Utah and Wyoming ground water associations.
This is a business that commands top dollar in their market because of their unparalleled services of the highest quality. Their services include:
* Full-service water well drilling,
* Pump Installation
* Oil rig repair
* Welding services
* Fabrication services
* Oil rig equipment design services
* Dirt construction services
* Hydraulic services
* Oil field consulting services
When drilling a well for a homebuilder or a general contractor, our client’s drilling pros will
* Find the best spot to drill
* Locate the nearest ground water source
* Drill and test water for contaminants
* Install the new well
* Make sure water flows efficiently
An NDA is required {SUBMIT BELOW} to secure the comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners.
Growth/Expansion: In CIM, NDA required.
Financing: If the price and deal structure is right.
Support & Training: Provided at no charge to enable a smooth transition
Reason for Selling: Health Issues