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34 Year Old Drilling Tools Manufacturer For Sale

Harris County, Texas, US
Asking Price:
$2,512,105 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$6,400,000
Cash Flow:
$367,000

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.

Property Information

Location:

Real Estate Asking Price: $1,041,000.00

Facilities: Facilities include approx 7,000 square feet of office and manuf. space in NW Hosuton.

Premises Details:

FF&E General Condition: good

Business Operation

Reasons for selling:

Retiring

Trading hours:

M-F 8am-5pm

Employees:
5

Other Information

Support & training:

Number of Weeks Seller Will Offer Training: 4

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Owner Terms:$1,000,000.00 Interest:7% Term Months:60

Furniture / Fixtures value:
$250,000 - included in the asking price
Inventory / Stock value:
$1,050,000 - included in the asking price