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Key points
•Geotechnical and environmental drilling business operating in Tri-State area; revenue grew from $2.8M to $5.1M over three years.
•High barriers to entry at $700k per rig; currently expanding with fifth and sixth rigs in pipeline.
•No staffing, profitability, or owner involvement details provided in listing.
Business description
A geotechnical and environmental drilling operation in the Tri-State area has grown revenue from $2.8M to $5.1M over three years, with $700k-per-rig barriers to entry and a fifth and sixth rig already in the pipeline.
