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Central California

  • Listing Number: 106-21477

  • Category: Service - Commercial B2B

Asking Price $2,500,000
Down Payment $2,000,000
Gross Revenue $1,552,077
Total Adjusted Net Income $561,444
Equipment / Fixtures $946,100
Year Established 2015
General Location Central California
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This is an excellent opportunity to own a thriving California agriculture based business currently serving the central region. They offer a wide variety of services in the well and pump industry. These services include complete well drilling, to pump repair, and new installation. They currently offer services for residential, agricultural, and commercial industries. This is the right time to get involved, in the down season the company currently has a 3+ month backlog on permitted jobs and 6 month waitlist with two drilling rigs running 5 days a week. They expect revenues well above 2 million plus this year. Equipment value is $1.1 million with a current inventory of $100-150K. The company rents a 2 acre yard, with a 4,500 sq ft. office and shop. The ideal buyer is a farmer, rancher, contractor or someone familiar with the well & pump industry. The buyer will need to obtain a C-57 license and the seller is willing to assist. The seller is hands on in the business and is relocating out of state. Please email Trish (agent) for more details.

Gross Revenue $1,552,077 Listed Price $2,500,000
Total Income $561,444 Down Payment $2,000,000
Base Rent $1,500 Square Feet
Total Rent $1,500 Lease Expiration
Rent Deposit Lease Options Month to Month
Inventory $125,000 Leasehold Improvements $0
Equipment / Fixtures $946,100 Other Assets
Full-Time Employees 10 Training Period 4 Weeks
Part-Time Employees Special License Required C-57
Contract Staff Reason for Selling Relocating out of State

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

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