Rapidly Growing Drilling Business for Sale in Ontario

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Financial Details

Asking Price:
$8,696,556
Annual Revenue:
$8,696,556
Cash Flow / SDE:
$1,376,954
Valuation Multiple:
6.3x
Location:
ON, CA
Source:
Date:
August 16, 2025

Key Highlights

- Rapidly growing drilling business specializing in Horizontal Directional Drilling (HDD) in Ontario.
- Demonstrated accelerated revenue growth, doubling each year since inception.
- Purchase includes $4.4M in assets and $500K working capital; flexible deal structure with earn-out or VTB options.

Description

This is a rapidly growing drilling business in Ontario, specializing in Horizontal Directional Drilling (HDD) services for essential utility infrastructure. The company has demonstrated accelerated revenue growth, with revenues doubling each year since inception. The purchase price includes approximately $4.4 million in assets and $500K in working capital. The sellers are open to structuring a deal that includes an earn-out provision, or a vendor take-back (VTB) arrangement for a qualified buyer.

Industry Information

Industry Description:
Construction
Classification:
Building & Construction

Listing Details

Listing ID:
063b3405-8d56-463e-ae09-07d4d9308f8d
Deal Status:
For Sale
Date Posted:
August 14, 2025
Last Updated:
August 16, 2025
Currency:
USD

Features & Tags

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