Specialized Directional Drilling Subcontractor for Underground Utilities
Off-MarketKernersville, NC
Business Operates Specialized Directional Drilling Services For Underground Utilities Business Operates Exclusively As A Subcontractor Under General Contractors And Does Not Work Directly With End Clients
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$1,900,000
$579,500
30.5%
1997
30+ Days
Customers
Serving 50/50 mix of private and government clients
Customer Acquisition
All work is generated through word-of-mouth referrals. Jobs are obtained through a competitive bidding process, with contracts finalized only after winning the bid.
Team
The permanent team consists of five employees plus one temporary worker, in addition to the owner and his wife. The owner also subcontracts as well.
Owner's Role
The owner is the primary manager responsible for bidding, job monitoring, and supply chain management. The owner spends approximately 25% of their time on-site checking job progress and ensuring proper execution.
Reason for Selling
Owner is 65 and looking to retire.
Contracts
No
Real Estate
No. Equipment, trucks, supplies, and tooling valued at approximately $2.1M are included in the sale.
When Are You Looking to Sell
ASAP
Licenses Required
No, general contractor License recommended
Business ID: 1859
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