Ground Water Locating Service - Unique Opportunity!!

Tarrant County, TX

Seller Financing Available
Ground Water Locating Service - Unique Opportunity!!
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Asking Price: $357,784

Cash Flow: $119,000

Gross Revenue: $223,640

EBITDA: N/A

FF&E: $40,000

Inventory: $30,000

Established: 2007

Ground Water Locating Service - Unique Opportunity!!

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Business Description

Ground Water Locating Service - Unique Opportunity!!

Data collection in the field is the key, a skill that can be learned, but patience/perseverance necessary. Daily operation including the bookkeeping/financials. Placing ads. Perform the preliminary research for data collection, prior to performing the services for clients. Analyzing/interpreting data collected in field and compiling written reports for clients. Quotes, billing. All work is billed and collected prior to clients receiving the final report. NO COLLECTIONS!

Detailed Information

Location:
Tarrant County, TX
Inventory:
Included in asking price
Employees:
2
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Established in 2007 to provide services for ranchers, farmers, homeowners, golf course developers, municipalities and private water companies in site selection for drilling a water well. The use of proprietary software and seismic technology can detect the presence or absence of groundwater. If water is detected, customers are provided the approximate depth and yield range measured in gallons per minute, prior to drilling. Water well drillers get paid by the foot whether they hit water or not. Clients save thousands of dollars by avoiding drilling dry wells or drilling on sites that have very little yield potential but also providing the optimum place to drill.
Competition:
No direct competitor in the immediate area. 2-3 companies on the west coast.
Growth & Expansion:
Business is scalable for continued growth, but would also be a great husband/wife business opportunity or family business. The current owner has enough operating equipment to add a 2nd crew.
Financing:
214674.00
Support & Training:
4 weeks
Reason for Selling:
retiring
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Linda Broom

Business Listed By:
Linda Broom

Transworld Business Advisors Grapevine

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Sponsoring Broker:
J. Darrow Graham

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