Pipe bursting, water main replacement services, North Dakota.
Featured on BusinessForSale.com . 11 viewed
Asking Price
$7,000,000
Detailed Information
Business Description
Established in North Dakota over 20 years ago, this business specializes in pipe bursting, water main replacement, and directional drilling services. With minimal local competition, the company's services are in high demand among cities in the region with long-term infrastructure plans. These innovative processes offer cities a cost-effective solution by reducing traffic disruption and eliminating the need for costly road reconstruction, ultimately saving them money while upgrading their water mains. The company's focus on replacing lead lines aligns with government initiatives and offers substantial income opportunities, particularly with lead line projects being highly profitable. In addition to its pipe bursting services, the business provides pit launched directional drilling, making it a prime contractor for various projects. As the owner prepares for retirement, this lucrative business is on the market for $7 million, equipment included, presenting a valuable opportunity for interested buyers seeking a well-established and profitable enterprise in the sector. For further details, interested parties can reach out to Stan or Duane Johnson, the current owners. In 2023