California Commercial Drilling Equipment Rental Business

Business Description

For sale is a highly scalable 2-year-old company that offers revolutionary, economical, and versatile drilling solutions in the Bay Area of CA. The multi-functional drill attaches to most excavators. The drill can be rented or purchased for different applications in heavy highway construction as well as the deep foundation industries.

The West Coast location is relatively young; however, the original location in Maryland has been operating for over 20 years and generating over $100M in gross revenue. Both the product and business have a proven blueprint that is successful.

Looking for a buyer that is a heavy equipment supplier and/or contractor to bolt on this product line and revenue flow to their existing business, replacing the expense of their current standalone model. Several opportunities are available for the buyer to expand the business, including exploring more into solar rigs and opening multiple satellite locations.

Creative financing available for highly qualified buyers.

Financial Overview

Asking Price: $1,400,000 + Inventory

Revenue: $1,461,256

Income: $483,508

Multiple: 3x

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