Mining Bit Manufacturer Serving Diverse Markets
Relocatable, WY Not Disclosed
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- RE: Mining Bit Manufacturer Serving Diverse Markets
- Contact: Jeff Spears
Quick Facts
| Asking Price: | $3,500,000 | |
| Annual Revenue: | $3,525,082 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $637,588 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $400,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1940 | |
| Employees: | 8 | |
| BBN Listing #: | 1016184 | |
| Broker Reference #: | 0873-938469 |
Business Overview:
80+ Year Mining Bit Manufacturer Serving Diverse Markets
This is a fourth-generation, family-owned drill bit and tool business with more than 80 years of industry experience and a strong reputation throughout the Rocky Mountain region. The company serves oil, gas, uranium, coal, water well, geothermal, and other drilling and mining operations, providing custom drill bits, repairs, re-tipping, welding, drilling supplies, and related tools. With a loyal customer base, experienced employees, established distribution relationships, and minimal competition, the business offers significant growth potential, particularly through its planned in-house machine shop. The real estate is listed separately but will be sold with the business providing a buyer with an established operation, experienced team, and facility in a strategic Casper location. Financials provided represent TTM (Trailing Twelve Months)
Inquire for more details and learn how you can buy a business for as little as 10% down on qualified SBA listings or how to use creative financing options to get a deal done! At Transworld Business Advisors, we are the most active business brokerage in the country - listing and selling the most businesses in the state. Get added to our buyer list today to receive notifications as businesses with your criteria hit the market!
Contact the Seller:
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button (above Quick Facts) and when you are done searching and have made all your selections, simply click on the REQUEST FREE INFO button at the bottom of this page.
Property Features and Assets:
The Real Estate is available for $900,000.00 but not included in the sales price.
Business Hours of Operation: 8am-5pm, Mondays-Fridays, Closed on Weekends - On Call 24/7
Reason for Selling:
Retirement. Kindly ask the seller for more information.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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