Work with Jack, The No-Pressure Agent

FOUNDATIONAL DRILLING COMPANY

Price: $1,465,000

Status: Available

Status: 4132

Status: Sonoma County

This is an opportunity to increase the size of your company by acquiring this well-established and very profitable drilling company.
The owner started in 2003 and built this into an operation that employees7 full-time crew members five days a week, producing over $1.3m in Gross Sales Last year, with the Owner claiming close to $400 K Income last year.
First Quarter of 2022- Revenue is on pace for over $1.6m.
ASKING PRICE : $1,465,000 DOWN PAYMENT: $295,000
SELLER FINANCING COULD BE ARRANGED.
The sale of the business includes everything currently used in the daily operation, all equipment, trucks, hardware and software, website, and phone number.
Rent is $1,550 a month for 5,000sqft. lot with 2 x finished containers, with roll-up doors serving as workshop and storage. The lease is month to month and has been for years.
Licenses Required: General Contractors ( Building Contractor) – General Engineering Contractor (Dirt Contractor).


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BUSINESS DETAILS​

Ownership Type:

Corporation

Year​ ​Established:

Year Purchased:

2003

Business Type:

Construction

License(s) Required:

General Contractor and General Engineering Contractor

Hours of Operation:

Business Relocatable:

No

Franchise:

No

Home Based:

No

Broker to Broker Co-Op:

No

Date Available:

04/29/2022

Reason for Selling:

Retiring

BUSINESS FINANCIAL INFORMATION

Annual Total:

$1,300,000

Base Rent:

$1550/mo.

Down Payment:

Revenue:

Lease Expires:

month to month

Owner Will Carry:

Annual Net Income:

$400,000

Other Finance:

Terms:

Inventory:

$2000

Lease Option:

Monthly Payroll:

$47,3000/mo.

NNN:

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