34 Year Old Drilling Tools Manufacturer
Not Disclosed, TX Harris County
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- RE: 34 Year Old Drilling Tools Manufacturer
- Contact: Steve Merritt
Quick Facts
| Asking Price: | $2,325,000 | |
| Annual Revenue: | $6,400,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $367,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $250,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | Not Disclosed | |
| Employees: | 5 | |
| BBN Listing #: | 950180 | |
| Broker Reference #: | 76931-928335 |
Business Overview:
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.
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Property Features and Assets:
Real Estate Asking Price:$1,041,000.00
Square Units (Foot, Meter):7,000
Facilities:Facilities include approximately 7,000 square feet of office and manuf. space in NW Hosuton.
FF&E General Condition: good
Reason for Selling:
RetiringAdditional Details:
- The property is owned.
- 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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