Listing Number: 0873-255518
An established commercial drilling contractor is for sale in the Front Range of Colorado. The company's primary line of work is in geothermal drilling, well drilling and pump servicing. With many municipalities converting to geothermal, the company has lots of room for growth under new ownership. The current owner has been running the business for 40+ years and is looking towards retirement.
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- Price: $4,000,000
- Down Payment: $3,000,000
- Sellers Discretionary Earnings: $822,151
- Total Sales: $4,934,286
- Location: Denver County, Colorado
- Inventory: $0
- FF&E: $2,128,700
- Employees: 22
- Year Established: 1979
- Reason for Selling: Retirement
- Category: Construction