1325000.00 $ Geotechnical And Environmental Drilling Company Battle Creek

Published date: February 9, 2017
  • Location: Battle Creek, Nebraska, United States

Geotechnical And Environmental Drilling Company


⭕ Asking Price:$1,325,000

Cash Flow:$295,239

Gross Revenue:$914,296

EBITDA:N/A
FF&E:$510,000
Inventory:$5,000
Lease Rate/Sq. Ft.:$6.20/yr
Established:2002
Business Description
Turn Key Environmental Drilling company

Established in 2002 this turnkey drilling company is the areas only independent geotechnical and environmental well drilling company in SE Nebraska. With a service area encompassing most of the midwest and a detailed list of repeat clients and other firms that use them as their preferred provider of services this business is a solid purchase either for someone who wants to get out there on their own or for another firm to pick up to expand their capabilities.

Their primary area of service is doing soil samples for geotechnical engineering firms, environmental soil sampling, and 2 and 4 inch well installs for the above two types of firms.

This business has three rigs and three well trained drill crews that can handle the vast majority of the companies work with minimal supervision.

Detailed Information
Inventory:Included in asking price
Real Estate:Leased
Building SF:3,000
Employees:9
Furniture, Fixtures, & Equipment (FF&E):Included in asking price
Facilities:This company currently leases 2 1500 sf bays which gives it ample storage and office space for all of its current operations.

Competition:This business is the only independent driller between Kearney and Des moines. Prior to opening the business in 2002 if one of his clients need the drilling done and didnt have their own rig they would have to contract with their competitors to get it done. They have no local competition for independent service.

Growth & Expansion:Currently operating 90-95% capacity and booking several weeks out on jobs all year. Areas of expansion include adding another drilling rig and crew to take on more jobs, could expand into rock coring or washbore 2 and 4 inch well drilling for environmental monitoring.

Support & Training:Owner is willing to stay on for 2 months to provide training and support during the transition. The owner is willing to discuss an extended training and transition schedule beyond that as well.

Reason for Selling:Owner is preparing his exit strategy for retirement.

Please go to http://www.nocoastbusinessadvisers.com/nda-form and fill out our online non disclosure form and we will be in touch.


Phone number ✆ +1 531-592-7180

Battle Creek, Nebraska

Contact seller Share

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