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Horizontal Tunneling And Drilling Bores Services For Sale

Location  Washington,United States
Asking Price Range  $500K - $1.0M
Gross Revenues  $627520
Net Profit / Cash Flow  $239139
Cash Flow Type  EBITDA
Seller Finance  Yes
Year Established  1951
Number of Employees  1 - 3
Relocatable  Yes
Number of Employees  1 - 3
Real Estate  Owned
Training  One lead employees will most likely be available after the sale, the owners will be available for transitioning.
Description  Years of hard work have produced loyal customers that remain true through good and bad economic times. The current owners are ready to see a new owner take this lucrative business to the next level. This attractive business opportunity offers a rare combination of proven financial performance, excellent growth potential, an experienced workforce and an owner that will stay on through a transition period. The driving force of this Washington based business is the installation of underground utilities using horizontal tunneling techniques that minimize surface disruption and environmental impacts. Their expertise and experience in underground tunneling uses established auger boring techniques to provide innovative, safe and cost effective utility installation. Frequently used: under major transportation arterials such as freeways/highways and railways; crossings under waterways or other environmentally sensitive natural features; other locations where traditional excavation is not cost efficient. Loyal customers have come to rely upon these horizontal tunneling techniques to engineer installation solutions for their clients. Auger Boring provides minimal disruption to communities, traffic and the environment. This impressive horizontal tunneling and drilling company was founded in 1951 and bought by its retiring owners in 1981. This business has much to offer a potential buyer in the areas of stability and potential growth. They are recognized for a great reputation, reliability, strong customer base, quality service, good equipment, and excellent cash flow. The asking price is $970,000 with up to 10% owner financing. All equipment is included in the sale. Also there are 10 vehicles, 2 trailers, 3 compressors, 2 back hoes, as well as a boring machine with accessories, a Rammer, and welder included in the sale. Real estate is owned by the seller, but is not included in the asking price. Call Jason Hullender (IAG) at 972-331-7540 for more information.
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