Seller owns a perpetual, non-exclusive easement that encompasses two water wells on the Atchison, Topeka, and Santa Fe Railway in Bellemont, Arizona. The business delivers spring water to a dispensing site in Williams for customers spread over a large rural area from Bellemont to Williams, and North and South of I-40. The early history of the business as a water company is not documented here. In November 2005, the seller acquired the well lease rights through an easement purchase and sale agreement with the Bellemont Water Company, Inc. and BNSF Railway Company (formerly the Atchison, Topeka, and Santa Fe Railway Company). The seller has since grown the customer base to today’s levels through the development of the dispensing site. In February 2010, the seller discontinued the marginally profitable home delivery of water to customer’s homes, businesses, and parks. The seller works about 8 hours per week maintaining equipment at the well and dispensing site, and overseeing the operation.
$327,000
$272,979
(last 12 months)$156,715
(last 12 months)Undisclosed
Contact Agent for NDA and access to file for all information
Bizilla Reference # 5662 : Report this listing