Business Overview:
$440 Estimated Discretionary Earnings from Jan. to June 2011 signals DOUBLE-DIGIT GROWTH over 2010.
The Company was established in 1960 to serve the underground hard rock mining and tunneling industry by supplying mine operators with equipment such as drills, ground support and spare parts. The Company buys surplus mining equipment and pulls parts for refurbishing and resale; Some large machinery is overhauled to as-new condition and resold. The Company has built a loyal customer base and long-term relationships with hard rock mining companies. Headquartered in Utah since 1993, the Company’s geographic reach is mainly the Western U.S and Canada, but it has done business all over the world.
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:
The facilities are located on two acres with administrative operations, repair shop and product inventory housed in a leased 11,000 square foot building.
Market Competition and Expansion:
Double-Digit Growth is Projected for 2011.
Growth strategies include developing the Company’s product line and increasing sales and marketing efforts.
The Company is a large player in a small, unique industry niche. Its products are highly Specialized, required by hard rock mining operations
Reason for Selling:
Focus on different profession
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.