UA-80146747-1

Established Drilling Contractor for Sale in Colorado

Listing Number: 0873-255518

Description

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.

Asking Price: $4,000,000
Training & Transition: 12 months
Reason for Sale: Retirement

Listing Details

  • 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
Established Drilling Contractor for Sale in Colorado

Business Listed By:

Nathan Willis