Business For Sale Listing 138562
Directional Drilling
Status as of Dec-2-2008 at 06:02 PM: Active
Business Summary
This business is an underground utility contractor specializing in horizontal directional drilling. Their wide range of available services includes underground utility installations such as water, sewer, gas, electric, phone, and irrigation, as well as the installation of electrical and telephone conduits. The Company has built its reputation on offering the highest quality service at the most cost-effective price in the service area, with consistently increasing sales growth reflecting the success of their strategy. A wide range of customers are served throughout a major metropolitan area, with a solid customer base consisting of utility contractors (48% of 2007 revenue), pipeline companies (34%), developers (8%), electricians (5%), and irrigation
contractors (2%). Customers are long term, many having been with the Company since its inception. Marketing efforts have been limited to a company website, referrals, and repeat business, offering a excellent opportunity to generate new business through an aggressive marketing campaign. The current owners believe that with an injection of additional capital investment in equipment the Company can continue to grow at a rapid pace. They would be interested in working with the new owners to make this happen. In addition to the owners, the company has 35 employees, 30 of whom are service/installation technicians with the remaining 5 handling admin/management needs. All key employees will be available to remain with new ownership beyond the sale of the Company.
Categories
Industry
Location
Financials
| Sales: |
Between $5 Million And $10 Million ($5,546,000) |
| Profits: |
Between $1 Million and $2.5 Million ($1,544,000) |
| Profit Type: |
Earnings Before Interest, Taxes & Depreciation (EBITDA) |
| Asking Price: |
Not Disclosed |
