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Utah Business For Sale |
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| MINING EQUIPMENT DISTRIBUTION & TRANSPORT |
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| Attn: Not Available |
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| not disclosed, UT, USA |
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| Asking Price: |
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$2,900,000 USD USA Dollars |
| Business for Sale Industry: |
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Wholesale/Distribution: Durable Goods |
| Reason for Selling: |
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Other business interests |
| Year Established: |
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1995 |
| # of Employees: |
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20 |
| Yearly Revenues: |
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$4,500,000 |
| Yearly EBITDA: |
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$693,000 |
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Business for Sale Overview:
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This company serves the mining industry in four states, as a distributor of a variety of mining tools and accessories and a provider of short-haul “hot-shot” trucking services – on-demand, fast-turn around transportation. They are unique in that they rarely stock products as inventory, instead selling them on consignment or having manufacturers ship directly to customers. The transport side of the Company’s business has grown steadily and continues to offer a profitable mechanism for continued growth. While the fees for the service are often higher than others in the market, The Company’s level of service and reliability separate their hot shot trucking services from competitors and have allowed them to sign long term hauling contracts with some of their customers. Due to the hot-shot nature of the company’s trucking services, mining customers pay rates that cover the route in both directions, full and empty, resulting in very few “dead head” miles. The Company has enjoyed consistent growth and strong margins.
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Additional Details:
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- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner is not willing to work for the new owner.
- This is not a homebased business opportunity.
- This is not a franchise opportunity.
- This is not a distressed business or bankruptcy situation.
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