Established & Profitable Horizontal Drilling Company

Charlotte, NC (Mecklenburg County)

Established & Profitable Horizontal Drilling Company
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Asking Price: $700,000

Cash Flow: $315,400

Gross Revenue: $698,222

EBITDA: N/A

FF&E: $330,900

Inventory: N/A

Established: 1997

Established & Profitable Horizontal Drilling Company

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Business Description

10% Down for Qualified Buyers - Pre-Approved for SBA Financing

10% Down for Qualified Buyers - Pre-Approved for SBA Financing . Owner seeking early retirement. Territory includes VA/SC/NC areas, with established company 20+ years. Solid and reliable employees with longevity. Experienced equipment operator, also holds CDL license. Business could easily be relocated in the southeastern region. Owner willing to negotiate an employment contract to stay on and transfer the business.

Detailed Information

Employees:
3
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Growth & Expansion:
Current owner has done limited marketing in the past 5 yrs, the addition of rock drilling is there for additional revenue streams. Other territories for growth potential as well and addition of more employees.
Reason for Selling:
Retirement
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(from currently available funds)
 
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Selena Matthews

Business Listed By:
Selena Matthews

Transworld Business Advisors - South Charlotte

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Sponsoring Broker:
Jack Sluiter

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