Water Well Service and Fabrication

Midland, TX (Midland County)

Seller Financing Available
Well Service Business
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Asking Price: Get Financing: $1,500,000

Cash Flow: $631,732

Gross Revenue: $4,262,028

EBITDA: N/A

FF&E: $603,192

Inventory: $135,545

Real Estate: $500,000*

Established: 1977

*not included in asking price.

Water Well Service and Fabrication

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Business Description

Very Stable Water Well Service Business

This long time business has been servicing the Agriculture, Energy and Municipal sectors in West Texas for over 40 years. The business has been on an upswing in revenue the past three years at a growth rate of approximately 10 percent per year. The primary segment of the business is the sales and service of water well pumps and accessories primarily on the commercial side. In addition, they do welding, machining and fabrication for the agriculture industry.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Not included in asking price
Building SF:
N/A
Employees:
28
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Growth & Expansion:
There is plenty of upside for a new owner to target the energy sector by pursuing sales, service and rental of pumps and equipment.
Financing:
Seller may participate in financing options to a qualified buyer.
Support & Training:
Seller will assist through a transition period for 30 days at no cost. Negotiable thereafter.
Reason for Selling:
Retirement
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Tom Smith

Business Listed By:
Tom Smith

Transaction Advisors

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