Private Water Utility Company
Location Arizona,United States
Asking Price Range $500K - $1.0M
Gross Revenues $82250
Net Profit / Cash Flow $47457
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1974
Number of Employees 1 - 3
Inventory 265000
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Owned
Training 30 days familiarization included in asking price.
Reason for Sale Family members inherited the company and are ready to sell.
Description Sellers have owned company since 2001 when they inherited from their mother. Company currently has 307 ''connections'' which means water service has been brought to the lot line. Subdivision has 500 lots available as potential customers. There are 4 separate lots included with the water company. There are 3 wells on the property. Two of the wells are not active but could become active if the need arose. Seller's parents purchased the water company in 1974 after it had been upgraded. Owner must qualify as a ''Certified Operator'' or as the Sellers have done, hire a ''Certified Operator'' to qualify. Arizona Corporate Commission must approve of new owner. Sale Price $575,000, Includes Real Estate valued at $150,000, FF &E valued at $250,000 and Inventory $1,500. Email or call Matt Uhler 928-445-1144 for more information on this Water Utility Company for sale.
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