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Geotechnical Drilling Company Investment Opportunity in Alvarado, United States

Texas-based geotechnical drilling company operating across 21 states serving 150 clients, seeking investment for expansion.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 2.7 million
Run Rate Sales USD 3 million
EBITDA Margin Nil
Industries Geophysical Service
Locations  Alvarado
Local Time 9:38 PM America / Chicago
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 1 million for 20.0% stake (Native Currency: USD 1,000,000)
Reason: Seeking investment for investing in equipment, reduction of current equipment debt and working/growt... View More
Includes physical assets worth USD 2.5 million
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Business Overview
- Geotechnical drilling company headquartered in Alvarado, Texas, with operational capabilities across 21 states.
- Achieved recognition by appearing on the Inc 5000 list for the last two consecutive years.
- Named one of the best places to work in Fort Worth 2 years ago, underscoring a strong organizational culture.
- Serves a robust client base of 150, primarily comprising of engineering companies by providing critical ground sample data for testing.
- Executes approximately 1,000 projects annually, showcasing significant operational capacity.
- Holds necessary drilling and water well licenses, ensuring compliance and industry standards.
- Maintains a dedicated team of 20 permanent employees to run the business operations without reliance on contract or temporary staff.
- The business is currently not profitable due to burn on operations and debt-related expenses.
Products & Services Overview
- Offering a wide range of geotechnical drilling services, including rock coring, auger drilling, piezometer installation, continuous sampling, direct push drilling, and monitor well installation.
- These services are critical for infrastructure projects, where developers and engineering firms require detailed ground sample data to assess soil and rock conditions for project viability, safety, and environmental impact.
- By providing essential geotechnical data, the company supports developers in various sectors such as construction, transportation, utilities, and environmental projects, ensuring their projects are built on solid foundations.
Assets Overview
Geotechnical drilling equipment, support trucks, and rollback trucks.
Facilities Overview
Operating from a rented 6,500 sq ft building with a 4,500 sq ft of warehouse. Location is Fort Worth, Alvarado.
Capitalization Overview
The company is primarily funded through revenues and contributions from the 100% business owner. Additionally, there are equipment loans and a notes payable debt in place.
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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