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Profitable Brand Name Industrial Equipment Manufacturer

Profitable Proprietary Equipment Manufacturer with Seller Financing
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Inland Empire, California (San Bernardino Co.)   |  Manufacturing Businesses for Sale – Other Manufacturing Businesses for Sale

Business Description

Contact business broker for more information regarding this established and highly profitable design, engineering and proprietary equipment manufacturing business for sale located in the Inland Empire area of Southern California. Business was founded 21 years ago to serve a special niche in the water, geothermal and oil drilling industries and has succeeded in developing an industry recognized and respected brand name with U.S. and international sales. The proprietary products and equipment include niche products and equipment that are an ancillary pumping process to primary drilling operations but critical to reducing drilling costs, improving drilling efficiency and minimizing waste by-products or removal. The company has several patents on key components of the equipment/system.

The company serves all segments of the water, geothermal and oil drilling industries but has historically focused on the under-served, small-scale and medium-scale drilling markets. The company has established an extensive supplier and distribution network with distributors located across the U.S. and in Canada, Australia, Mexico, South America, Africa, UK, Ireland and Europe.

Direct competition consists of approximately 10 to 15 companies overall but only a handful of competitors that are focused on the same small and medium-scale operation segments. Growth opportunities include increased marketing and sales to the large-scale drilling industry segment, development of Asian markets and sales of replacement components which is a secondary but growing revenue stream for the business.

The owner is willing to stay on as management with an employment agreement or minority partner for one to three years for the right buyer.

About the Business

Year Established:
1990
Number of Employees:
4
Facilities:
18,000 sq ft, high-bay warehouse with adequate roof height for high-rack storage. Facility can be leased for $9,000/month or purchased for $1 million.
Market Outlook/
Competition:
See business description. See business description.

About the Sale

Reason For Selling:
Pursue new business venture
Training/Support:
Seller will consider employment agreement with new owner.
Seller Financing:
Seller will finance a portion of purchase for qualified buyers

Listing Info

BizQuest Listing ID:
1060406
Ad Detail Views:
1234
Asking Price:
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Gross Revenue:
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Cash Flow:
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EBITDA:
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Inventory:
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Business Listed by
Ed Fixen
BusinessQuest - 01773606
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U.S. Census Data for San Bernardino County, CA
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms & Conditions.