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Asking Price:	$4,500,000 USD USA Dollars
Business for Sale Industry:	Manufacturing: Metal Products
Year Established:	2001
# of Employees:	8

Business for Sale Overview:

This Business is a manufacturer & supplier of world class Poly Diamond Crystalline (PDC) drill bits as well as a supplier & remanufacturers of high quality tricone drill bits. Their fully equipped facility is located in Calgary, Alberta, Canada. From their head office, as well as field stock points, they are able to service the entire western sedimentary basin. This business has developed a reputation for first class products. The designs are backed by some of the most knowledgeable and experienced people in the industry today, as well as, proprietary PDC drill bit design software which enables them to continually progress towards their primary objective: to develop innovative, cost effective solutions for the most performance driven drilling tools in the industry. They are currently drilling oil and gas wells in Alberta, British Columbia, Saskatchewan, United States, Albania, and Australia with record breaking speeds and higher durability which, in return, reduces the customer's overall well cost. They have completed projects in Nigeria, Kazakhstan, and Indonesia. From surface hole to total depth, they can meet all of their clients drill bit requirements by offering multiple styles of bits ranging in sizes from 3 7/8" up to 17 1/2". The sky is the limit for an ambitious new owner!

Property Features and Assets:

1x Building 10,000 square feet. Leased. Lease is assumable

Market Competition and Expansion:

This business can be further expanded with marketing.

Additional Details:

• 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 resale opportunity.
• This is not a distressed business or bankruptcy situation.