Water Main Replacement, Pipe Bursting & Directional Drilling Business For Sale - 11246

Price
$5,500,000
Location
Category
Excavation Contractors
Description

Pipe bursting and water main replacement, and directional drilling business in North Dakota, established 22 years ago by current owner. This specialized process has very little in state competition, with several cities in North Dakota having long term bursting/replacement plans.  This process is appealing to cities due to minimized disruption of traffic.  It also eliminates total reconstruction of roads, thus creating savings for the cities while also installing new water mains.

The push to eliminate lead lines has great potential for income as it is subsidized by the government and in conjunction with replacement projects.  We encounter many of these lead lines on projects which have proven in the past to be very profitable. We also do pit launched directional drilling which complements this process very well as prime contractors. 

Listing ID
11246
Value From Year
2020
Cash Flow
$2,690,766
Equipment Price
$3,000,000
Gross Sales
$5,204,909
Reason for Selling
Retiring
Value Of Real Estate Included
No
Value Of Equipment Included
Yes
Years Established
23

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