Message Number409244
statusActive
Subject LineSuccessful Ontario Well Drilling Firm
Business area
Canada
Ontario
Have/WantHave
Business categoryBusiness Opportunities
Date of ListingAugust 29 2022
Price$7,100,000.00
CommentsThis multi-generational business continues to perform very well with an extensive customer base. Included in the sale are fixed assets with an original cost of over $2.1 Million and a current market value approaching $1.5 Million. Roughly one third of the annual revenue comes from repeat contractor clients that need wells for their new projects each year. A small amount of commercial business also occurs each year. The business drills and completes over 150 water wells each year and turns away over 100 wells that it cannot complete due to capacity limitations This demonstrates a solid potential for growth in the region.

Financials (CAD)
Sales$3,447,740
Price$7,100,000
Cash Flow$1,796,028
Internet Links
Member Identifier11575
ControlBuyers Broker
NameFrank Wang
TitleSales Representative
Company NameHomelife Landmark Realty Inc. Brokerage
Address Line One7240 Woodbine Ave, Suite 103,
CityMarkham
State/ProvinceOntario
Zip/Postal Code L3R 1A4
CountryCanada
Business Phone Number(905)305-1600
Cell Number4168908616
Email AddressSend Email
Home PageHome Page

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