34 Year Old Drilling Tools Manufacturer

Listing Number: 76931-928335

Description

Decades old profitable premium drilling tools manufacturer with domestic and global distribution is seeking a new owner as the founder looks to retire. The business is offered at $2.5M while the real estate will be at market value, currently estimated to be $1.1M. Unique line of products afford a competitive advantage in the industry. Extensive working capital is included in the offering.

Listing Details

  • Price: $ 2,325,000
  • Down Payment: $400,000
  • Sellers Discretionary Earnings: $ 367,000
  • Total Sales: $ 6,400,000
  • Location: Harris County, Texas

  • Inventory: $ 1,050,000
  • FF&E: $ 250,000
  • Employees: 5
  • Reason for Selling: Retiring
  • Category: Manufacturing
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