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- RE: Industrial Warehouse With Business Entity Of 48 Years
- Contact: Austin Zhao
Quick Facts
Asking Price: | $1,040,000 | |
Annual Revenue: | Not Disclosed | |
Net Profit: | Not Disclosed | |
Cash Flow: | Not Disclosed | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | $990,000 | |
Year Established: | Not Disclosed | |
Employees: | Not Disclosed | |
BBN Listing #: | 944956 | |
Broker Reference #: | 76931-131482 |
Business Overview:
Texas Diamond Tools, Inc., a cutting tools manufacturer for concrete and stones, was established in Conroe, Texas in 1976. The operations were stopped in the middle of 2022 due to the labor shortage caused by Covid-19. The business entity and real estate property - including two manufacturing/warehouse buildings, are for sale. Warehouse is cleaned and ready for new tenants. Texas Diamond Tools has 48 years of history and is without any debt, lien or lawsuits. The real estate property is an established industrial warehouse located at 805 Hilbig Road with 218 feet along frontage road. It is located between two established businesses, the Tri-Star Document Shredding and McCulloch Auto Salvage, along with several other businesses within a five-mile radius. Property features two metal buildings on 74,487 Square Feet (1.709986 acres) of land. The first building was built in 1979 with an office space consisting of six offices for a total of 2,401 Square Feet, and a manufacturing/workshop area of 6,910 Square Feet. The second warehouse building consists of 5,500 Square Feet and was built in 1985.
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Property Features and Assets:
Facilities: The first building was built in 1979 with an office space (6 offices) of 2,401 Square Feet and a manufacturing/workshop area of 6,910 Square Feet. The 2nd warehouse building of 5,500 Square Feet was built in 1985.
Market Competition and Expansion:
Expansion: This is an opportunity to acquire an industrial, warehouse property in a fast-growing area. Entity name comes with 50 years of good standing. Good for manufacturing tools or industrial use.
Reason for Selling:
Business is closed.
Additional Details:
- The property is owned.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more Texas businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
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