80+ Year Mining Bit Manufacturer Serving Diverse Markets

Asking Price$3,500,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$3,525,082

Inventory$400,000
Included in asking price
FF&E$400,000
Included in asking price
Real Estate$900,000
Not included in asking price
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80+ Year Mining Bit Manufacturer Serving Diverse Markets


Asking Price$3,500,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$3,525,082

Inventory$400,000
Included in asking price
FF&E$400,000
Included in asking price
Real Estate$900,000
Not included in asking price
Business Description
80+ Year Mining Bit Manufacturer Serving Diverse Markets
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!
About the Business
Years in Operation
86
Employees
8 employees
Currently Relocatable
Yes
Real Estate
Owned or Leased
Owned
Not included in asking price
Building Sq. Ft.
7,000
About the Sale
Seller Motivation
Retirement
Transition Support
52 weeks
Listing Info
ID
2546711
Listing Views
16

Listing ID: 2546711 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 of Use. Learn how to avoid scams.


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