Directional Drilling – Colorado
This well established and highly profitable company has a seasoned staff in place to ensure customer expectations are met and surpassed. The business performs underground utilities installation and restoration for top contractors in the state of Colorado. Services include installation of everything from conduit to actual utilities. The company offers significant growth opportunity for a new owner.
Year Established: 2001
Employees: 49 full time
Facilities: Several leased lots for equipment storage; Office is run out of the owner’s home.
Asking Price: $3,500,000
Included in the Asking Price: FFE at $2,500,000
Gross Revenue: $5,200,000
Cash Flow: $968,000
This industry is expected to experience significant growth in Colorado. While there are other competitors, most cannot operate at this company’s performance level.
About the Sale
Support/Training: Seller is willing to stay on and train as needed and to introduce the buyer to the customers.
Reason for Selling: Seller is ready to move on to a new endeavor