Limited Access Drilling - Drilling Company - Full Service

San Diego, CA (San Diego County) (Relocatable)

Limited Access Drilling - Drilling Company - Full Service
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Asking Price: N/A

Cash Flow: N/A

Gross Revenue: $1,600,000

EBITDA: $300,000

FF&E: $1,200,000

Inventory: $30,000

Rent: $453 /Month

Established: 1989

Limited Access Drilling - Drilling Company - Full Service

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Business Description

SELLER SPECIFICALLY SEEKS A SYNERGISTIC and or STRATEGIC BUYER or PARTNER to work with after this sale is completed for mutual growth and profitability.

WHILE THERE IS NO ASKING PRICE, THE EXPECTED SELLING PRICE WILL BE IN THE LOW "7 FIGURES" (as in about $1,000,000) ARENA.

A full-service drilling company serving the geotechnical, environmental, engineering, and construction communities throughout the Southwestern United States.

With almost thirty years of experience in full size and limited-access drilling, combined with skilled equipment operators, and a fleet of state-of-the-art drilling rigs, this all works to making is offering the reliable choice for all drilling and soil/water/vapor sampling projects.

They offer assistance with field investigations for difficult-to-reach locations as another specialty. Their extensive experience and quality equipment capabilities provide solutions to customer’s projects, unique challenges in a timely, cost-effective manner. They provide skilled personnel and advanced equipment to ensure that all drilling, soil sampling, and related support services exceed their customer’s expectations.

Services offered:
1. Full service drilling
2. Soil sampling
3. Water and vapor sampling
4. Monitoring well installations
5. Rock Coring
6. Full Support Services
5. Off-Road capable Trucks with Mounted Drilling rig

They provide a complete line of specially manufactured equipment specifically designed to operate in limited-access environment applications on land and over water.

Additionally, they approach every customer, project, and job site with respect, a positive attitude, careful attention to detail, and sense of pride in our work.

Seller is very interested in selling to or merging with a larger and or synergistic/strategic buyer for up to five consecutive years for mutual growth and profitability. He MAY also be interested in retaining a minority ownership position with the right Buyer.

(ALL, ALL INFORMATION SUPPLIED IN THIS AD IS FROM THE SELLER AND MUST BE VERIFIED BY THE BUYER. FURTHER, BUYER ACCEPTS FULL RESPONSIBILITY FOR VERIFICATION OF ALL INFORMATION GIVEN IN THE ADVERTISEMENT INCLUDING, BUT NOT LIMITED TO, FINANCIAL INFORMATION AND FACILITY INFORMATION. BUYER UNDERSTANDS AND ACCEPTS THE FACT THAT ALL INFORMATION IS APPROXIMATE AND OR ESTIMATED AND THEREFORE CANNOT BE RELIED ON TO MAKE AN OFFER TO PURCHASE THIS BUSINESS)

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
3,070
Lease Expiration:
2/28/2023
Employees:
9ft 3 pt
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Office and warehouse centrally located in a major metropolitan area for easy of ingress and egress of construction related trucks and employees. Square footage of their rental facility is : a. Office 770 sf; b. Warehouse 2,300 sf; c. Secured Yard 7,000 sf
Competition:
Competition is whatever you make of it. If you offer quality, productivity, with-in project mandates of time and budget, you have very little competition. This offering is miles above all other contenders!
Growth & Expansion:
The opportunities abound within the current offering as well as additional areas of project participation for a larger, better financed owner. We are specifically pointing to additional areas of very profitable growth.
Financing:
Possible partial financing throught this broker's contacts for a very well qualified
Support & Training:
Seller will work with the right buyer
Reason for Selling:
Seller want to concentrate on business growth ansd not business functions.
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(from currently available funds)
 
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Jerry Mandrell

Business Listed By:
Ronnie Behr

Business Advisory Services, Inc.

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