Hot Listing

Established Commercial Drilling & Water Services Company

Asking PriceNot Disclosed

Cash Flow
$133,114

EBITDA$247,625

Gross Revenue$1,130,008

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

1Save
Hot Listing

Established Commercial Drilling & Water Services Company


Asking PriceNot Disclosed

Cash Flow
$133,114

EBITDA$247,625

Gross Revenue$1,130,008

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

Business Description
Profitable Water Well Drilling Business In Michigan
INVESTMENT OPPORTUNITY- MICHIGAN
Established Commercial Drilling & Water Services Company with Real Estate

Business Opportunity Summary

An exceptional acquisition opportunity is available for a long-established, highly reputable Michigan-based company specializing in commercial drilling and water systems. With over 30 years of operational history, this company has established a well-deserved reputation for delivering high-quality service, industry expertise, and strong client relationships. The business operates with a full-time team of 11, including four drilling crews and a dedicated service and repair unit.

Service Capabilities Include:
• Residential & commercial well drilling (4"–12")
• Geothermal loop drilling (growth segment)
• Pump system installation & repair
• Water testing, inspections & treatment
• Irrigation system setup
• Well chlorination & screen cleaning
• Water softener system installation
• Free project estimates

Key Investment Highlights
• Consistent Profitability:
Historical revenues have exceeded $1.29M annually, with 2024 revenue at $965,826 and SDE ranging from $133K–$247K.
• Strong Market Demand & Backlog:
The company is fully booked out over 18 months, offering stable forward revenue and growth visibility.
• Diversified Revenue Streams:
Balanced income from drilling, repair, treatment, and geothermal services. Strong potential for service bundling and upsell strategies.
• Established Brand Recognition:
30+ years of market presence, repeat customers, and referral-driven business in a recession-resilient industry.
• Growth Potential:
Expansion into new territories, investment in geothermal segment, service subscriptions, and technology integration present significant scalability.

Real Estate
Included in the offering is a commercial-use, single-parcel real estate asset serving as the business's headquarters. The property offers long-term operational continuity and potential for future tenant income or site expansion.

Property Highlights:
• Zoning: General Commercial
• Tenants: 2 (Average tenure: 40+ years)
• Parcel ID: Provided upon inquiry
• Estimated Property Value: $140,400
• Risk Profile: No default history; long-term tenancy indicates low operational risk

Ideal Buyer Profile

This offering is suited for a strategic industry buyer, regional contractor seeking expansion, or a private investor looking for a recession-resistant business with a real asset component. Infrastructure demand and rising interest in geothermal solutions further strengthen the long-term outlook.

The seller is prepared to assist with a smooth transition of ownership and operations. As the seller is of retirement age, they intend to retire following the successful sale of the business entirely.
About the Business
Years in Operation
32
Employees
11
Currently Relocatable
Yes
Real Estate
Owned or Leased
Owned
Not included in asking price
About the Sale
Seller Motivation
Retirement
Listing Info
ID
2390845
Listing Views
576

Contact Seller

By clicking the button, you agree to BizQuest's Terms of Use and Privacy Notice.

Listing ID: 2390845 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.