Ocala FL / Water Well Business / ADD ON / $746K Adjusted EBITDA
Ocala, Florida, United States
Ocala, FL, US
Ocala FL / Water Well Business / ADD ON / $746K Adjusted EBITDA
Company Overview
The business is a residential-focused well drilling and pump services provider operating in a high-growth Sunbelt market, delivering essential groundwater access to homeowners, builders, and agricultural customers. The company offers a full suite of services including new well drilling, pump installation, repair, maintenance, and emergency response, serving a diversified customer base across residential (~60%), builder (~30%), and agricultural (~10%) segments. 
The platform operates within a non-discretionary service category, where access to water is critical and demand is driven by population growth, new housing development, and ongoing system maintenance. Its reputation-driven model generates 95%+ of leads through word-of-mouth and long-standing relationships, resulting in minimal customer acquisition costs and strong pricing power. 
The business benefits from a capital-light and highly efficient operating structure, supported by a lean field team and specialized equipment. Core service lines include well drilling (~80% of revenue) and pump services, with additional upside from underpenetrated water treatment offerings. Premium agricultural and equestrian customers drive outsized ticket sizes, while residential work provides consistent volume, creating a balanced and resilient revenue profile. 
With over two decades of operating history, strong local brand recognition, and exposure to one of the fastest-growing regions in the United States, the company is well-positioned to continue scaling through organic demand tailwinds, expanded service offerings, and increased marketing investment.
Key KPIs
• Revenue: ~$2.37M (2025) 
• Revenue Growth: +55% (2022–2025) 
• 2026E Revenue: ~$2.85M 
• Adjusted EBITDA: ~$746K (2025) 
• Adjusted EBITDA (2024): ~$1.08M 
• Average Adjusted EBITDA (2024–2025): ~$912K 
• Adjusted EBITDA Margin: ~31–40% 
• EBITDA: ~$607K (2025) 
• Gross Margin: ~59–63% 
Service & Revenue Characteristics:
• Revenue Mix: ~80% well drilling / ~20% pump services 
• Average Ticket (Residential Wells): ~$7,500 
• Premium Ticket (Agricultural / Equestrian): $18K–$45K 
• Lead Source: 95%+ referral-based (minimal marketing spend) 
Operations:
• Employees: 5 W-2 employees + subcontractors 
• Equipment Fleet: ~$664K net book value