Description of the business for sale
This listing is for a profitable underground drilling company located in Illinois that is available to a qualified buyer. This business specializes in horizontal underground drilling and boring for electric, water, sewer and other purposes. Primarily, they focus on projects for new developments and general contractors. This business features the equipment and skill to bore for long distances underground and beneath lakes to run utilities. This business services Cook, Dupage, Kane, Will and other surrounding counties and are now doing projects out of state in Florida and New York so adding new project lines to the business portfolio. This company is also a 'green' based business looking to reduce its carbon footprint by using geo thermal piping and piping for windmill pump farms. This business is highly profitable and shown dynamic growth in their revenues and owner benefit over the last three years. Between 2005 and 2007 revenues have grown from about $344,000 to $636,000 and the owner benefit has grown from over $140,000 to over $350,000. For 2008 the business is up by 25% over the past year. If you would like more information about this business, or if you would like to schedule a site visit, please contact the agent either by phone or by e-mail.
Support / Training provided by seller
Owner is willing to train the buyer for 4 weeks at no cost.
Description of the facilities
Assets to be transferred with the sale of the business:
Accounts Receivable: $66,000
FF&E: $865,250
Vehicles: $46,000
Total Assets: $977,250