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
Business Listed By:
- Steve Merritt, CPA, CBI, CM&AP, M&AMI
- Phone: (713) 303-4668
- Email: [email protected]
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