80+ Year Mining Bit Manufacturer Serving Diverse Markets
Listing Number: 0873-938469
Listing Details
80+ Year Mining Bit Manufacturer Serving Diverse Markets
Price: $3,500,000
Location: Wyoming
- Down Payment: $350,000
- Sales: $3,525,082
- Seller's Discretionary Earnings: $637,588
- Inventory: $400,000
- Furniture, Fixtures, and Equipment: $400,000
- Employees: 8
- Year Established: 1940
- Reason for Selling: Retirement
For More Information About This Listing
Business Description
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!
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!
