• Listing# : 16105
  • Listed Price : $449,500
  • Total Sales : $1,940,998
  • SIC : 5714
  • Down Payment : $67,425
  • State/Province : North Carolina
  • Status : Active
  • Discretionary Earnings : $314,983
  • Relocatable :

Business Description :

Fantastic Opportunity to acquire a very stable “be your own boss” business in the Charlotte Metro Region. After many years in the well maintenance & services business, the owner of this great company is ready to retire and pass along this growth opportunity to a new owner. This business has huge base of repetitive customers for service, repairs, and maintenance revenue and is considered a recession resistant industry. The company serves residential, commercial, agriculture and industrial customers in a high growth North Carolina region. The company has an affiliated drilling sub-contractor, so a new owner does not have to have well drilling experience. There are multiple service and product expansion opportunities for a new energetic self-starter.  While the business is a great stand-alone business for an owner operator, it would be a great geographic and strategic bolt-on acquisition for an existing well drilling or plumbing contractor business.  The seller is committed to work with a new owner for a smooth and seamless transition.

Assets/Liabilities:

  • Accounts Receivable : $256,412
  • Incl : No
  • Real Estate : $0
  • Incl :
  • Inventory : $15,500
  • Incl : Yes
  • Liabilities: $93,251
  • Incl : No
  • FF&E : $57,705
  • Incl : Yes
  • Leasehold : $0
  • Incl :
  • Other : $134,100
  • Incl : No
  • Total Assets : $73,205
  • Incl : Yes
  • Accounts Receivable : $256,412
  • Incl : No
  • Lender Prequalified: Yes