LUCRATIVE WATER BORE DRILLING BUSINESS

SOLD

Bunbury WA 6230

Industrial/Manufacturing

BUSINESS FOR SALE

Phone enquiries - please quote property ID 26283.

The business has sold and was settled 01/07/2021

Australind Water Boring has been established for over 40 years (current owner of 18 years). It specialises in garden, household, stock and small commercial water bores including monitoring for a wide area covering Bunbury and the southwest. With a reputation second to none in this great region of WA, the new owner is assured of purchasing a quality business.

The business is an Associated Member of the Australian Drilling Industry and prides itself on quality and efficiency. It has been fully operational during COVID with an exceptional increase of business.

Water bores are in great demand in this region of Western Australia as they provide a cost-effective investment for all property types including small farms, acreage or single households (neighbours even share a bore).
Australind Water Boring is the only business in town that does residential water bores as a full time business with the longevity of records, service and experience to draw from.

The business is currently run by an owner-operator plus a driller's off-sider required on drilling days. The owner’s partner does the bookkeeping, making this a great business for an owner-operator. Alternatively, a solid partnership with two people. Sound mechanical knowledge is an advantage and the new owner would need to obtain a ‘Rotary Mud’ drilling license, the current owner will be available to assist with this process. Ideally, it is best suited to a buyer who wishes to operate in this area.

All equipment is included in the sale price. (A full list can be provided). Main items include:-
* 2011 MAN 4x4 TGM 18.340 Support Truck, customised
* Custom Edson ADR 3000, rebuilt with upgrades 2014
* 3.5T Custom Trailer with Kobelco mini excavator and 1500L grout tank.
* Truck and drill rig have been valued by certified valuers. Value of these 3 main items is $183K
* Stock will be sold at valuation (usually around $35k-$45k).
* Full equipment list is a workshop full of all the machinery, tools and spare parts you will need to operate and maintain this business.
* Workshop premises are owned by current owners and there is the opportunity to negotiate a lease or outright purchase of premises.

There is huge growth potential as current promotion is just yellow pages or word of mouth/referrals, social media would be a great way to highly increase the job enquiries. A new owner could also consider diversifying the services offered and employing more staff.

Owner is ready to retire and would like to see this business passed into good hands. Whoever sees the business and its further potential will no doubt be interested. Enquire today for further information.

Price is Negotiable.

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