Seller's Contact Information
- RE: Oil & Gas OEM Downhole Drilling Motor Technology
- Contact: Tony Keane
Quick Facts
| Asking Price: | $4,250,000 | |
| Annual Revenue: | $2,491,400 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $644,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $1,850,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | Not Disclosed | |
| Employees: | 5 | |
| BBN Listing #: | 897344107 | |
| Broker Reference #: | 76931-373216 |
Business Overview:
Please Review Details and Make Offer.
The Company has become a world leader in drilling tool technologies since its inception. With equipment drilling in all corners of the world, in many different environments, we believe that the Company has a product to suit the customer’s needs. Located in Houston, TX the Company is in a prime location to be able to ship product anywhere in the world by any mode of transportation. Whether it is by land, sea, or air we have the available resources to get the equipment to you in a timely fashion. Net operating working capital target is $400K.
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Property Features and Assets:
Monthly Rent: $6,750.00
Square Units (Foot, Meter): 7,500
Lease Expiration Date: March 30, 2024, 10:00:00 PM
Terms Options: Option to renew
Facilities: Free standing building and yard
FF&E Overview: Well maintained machinery and fixtures.
FF&E General Condition: Well maintained.
Market Competition and Expansion:
Competition: There are other companies that compete, however, due to the specialized technology and design requirements the market is not saturated. Several competitors license their technology a competitive advantage this Company has is as OEM control both the technology and design for manufacturing.
Expansion: Excellent growth potential.
Reason for Selling:
Retirement
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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