North Dakota Business For Sale

Wholesale/Retail Distribution / Drilling Supplies

Confidential, ND

Services: Non-classifiable

 
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$3,000,000
Not Disclosed
Not Disclosed
$699,000
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
1983
4
453915822

Business Overview:

Business owner has grown this supply company from a one man operation, with a single truck to an operation that covers a large area with lean staff. The distribution center provides chemicals and other fluids for the drilling and completion process as well as does trenching, excavation & supply and installation of pit liners for the oil/gas/energy extraction industries. Seller is ready to retire. This is a perfect opportunity for another business or independent operator who wants to get a foothold in this large oil and gas discovery. Current staff is able to run the business without the owner, however, a new owner with strong marketing and/or financial planning abilities would be an asset to the business and could run the business either hands on or absentee. Very nice, small town life style and only an hour commute to larger city with all major retail and social amenities.

For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.

Property Features and Assets:

4 plus acres of flat, gravel yard with 3 warehouses. Newer style, metal building, well maintained and constructed with concrete floors. These were specifically designed to enhance the business, for use of the business. There is more than adequate parking. Owned by Seller.

Market Competition and Expansion:

Seller is the only company of its type in an 80-100 mile radius. There is limited competition from the outside and the competition and Seller have a gentleman’s agreement not to infringe on each others area. Market has been very strong the last few years, experiencing a small slump at this time but we expect operations to take off again in the next 6-12 months and exceed current record sales. Growth and expansion is only limited by the Buyers ambition and desire to grow the business.

Reason for Selling:

Owner has dedicated the majority of his adult life

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This may become a homebased business opportunity.
  • This may become a franchise resale opportunity.
  • This is not a distressed business or bankruptcy situation.
 

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