NOT DISCLOSED, Wyoming
| Asking Price |
$3,500,000 |
Year Established |
1940 |
|
| Annual Revenue |
$3,525,082 |
Reason for Selling |
Retirement |
|
| Annual P/L |
$0 |
Attention |
Jeff Spears |
|
| Annual Cash Flow |
$637,588 |
Listing Number |
1016184 |
|
| # of Employees |
8 |
Business Category |
Manufacturing: Metal Products |
|
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!
Property Features and Assets:
<p>The Real Estate is available for $900,000.00 but not included in the sales price.</p><p>Business Hours of Operation: 8am-5pm, Mondays-Fridays, Closed on Weekends - On Call 24/7</p>
Market Competition and Expansion:
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