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WELL DRILLING AND PUMP SERVICE, PROFITABLE for sale in NE Tennessee, Tennessee
WELL DRILLING AND PUMP SERVICE, PROFITABLE
NE Tennessee |
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Offered is a profitable, very well established company providing complete water drilling, pump services, and water conditioning systems to residential, farm, and commercial customers. Their name is synonymous with "reputable,quality". They are known for competitive pricing, quality of work, customer service, integrity, and reliability.
Business is already on track to return to pre-recession levels of revenue and profit margins. This business is well organized and all systems in place for smooth, continuous operations. |
Listing Number: 1293
Ramon Sanchez-Vinas - Listing Broker
871 Sycamore Shoals Drive, Elizabethton, TN 37643
Telephone - (423)930-4237
E-mail -
ramonsv@capitalbbw.com
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| Category |
CONSTRUCTION BUSINESSES |
| Sub-Category |
Special Trades |
| Asking Price |
$625,000 |
| Gross Sales |
$446,405 |
| Cash Flow |
$122,655 |
| FFE |
$275,000 |
| Inventory |
$27,000 (Inventory IS Included) |
| Real Estate |
$125,000 (Real Estate IS Included) |
| Employees |
4 - Full-Time
2 - Part-Time |
| Facilities |
Premises consists of land and metal/concrete block building housing shop with inventory storage and office area. Plenty of outside area to store trucks and rigs. |
| Relocatable? |
(Is Relocatable) |
| Home Based? |
(Is Home Based) |
| Market Notes |
Company experienced decline in installations along with housing and construction general downturn. Demand is returning and installations will continue to increase. Effect of incremental new sales is significant on bottom line. Business requires licensed operators and this business has the best. |
| Growth Notes |
The Tri-Cities TN market is already on the rebound and this particular niche has few competitors. Year over year sales have already shown increases. All proven marketing venues are in place to bring in leads. Business would benefit from a new website and SEO. |
| Support Training |
All or part of current management is very willing to stay in place and manage in conjunction with an agreed plan for transitioning in semi- and permanent retirement. |
| Year Established |
1936 |
| Financing Terms |
SBA Eligible. |
| Reason for Selling |
Current owners are seeking to retire within reasonable time frame. |
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