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Sales / Service / Rentals Of Oil & Mining Equipment

Location  Florida,United States
Asking Price Range  $20.0M - $35.0M
Gross Revenues  $11919332
Net Profit / Cash Flow  $3986530
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  No
Year Established  2006
Number of Employees  10 - 19
Relocatable  Yes
Number of Employees  10 - 19
Real Estate  Leased
Training  1989577
Reason for Sale  Divestiture
Description  The Company sells/leases down hole drilling tools and equipment including drill bits, reamers, motors, stabilizers, jars and float equipment and supplies. They have market diversity while providing tools to both mining & oil and gas companies in multiple states and countries, predominately throughout the Western United States, Mexico, and North Dakota. Owners will remain post-sale and work if desired. They have MSA's with major drilling companies. Gross profit ave 56% for 2012. Rental revenue was 27% of sales for 2012. Please refer to listing #16419688 & ask for Peter Berg when inquiring.
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