Established in 2001, this S-Corp specializes in horizontal directional drilling (HDD) services tailored for pipeline installations in challenging terrains. These include drilling through rocks, boring under roads, rivers, levees, and utility intersections. Places where traditional excavation is impractical or impossible.
Over the years, this company has grown steadily by focusing on this high-demand, underserved niche. With minimal marketing, it has earned a strong reputation for precision, speed, and reliability.
The company reported $1.7M in revenue and $914K in SDE in 2023, representing a strong 53.6% cash flow margin. Demand consistently exceeds capacity, and all $1.7M+ in specialized drilling equipment will transfer debt-free. The business operates lean, with high profit margins, no receivables included, and minimal overhead. The seller has built a cash cow with an unmatched reputation for quality, speed, and reliability in West Texas and New Mexico. Operations are streamlined, with demand consistently outpacing capacity.
With an asking price of $3.4M, this is a rare opportunity to take over an impressive HDD operation with a proven track record, premium equipment, and unlimited growth potential in a high-demand market. The seller, whose reason for sale is retirement, is open to providing up to 90 days of training to make the transition seamless for the buyer.
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