Price: $3,500,000
Location: Western United States
Industry: Industrial and Commercial Machinery
Listing ID: INDEQU
Listing Status: Under Contract
Overview
• In business for over 25 years
• Headquartered in the Western US, the company is a significant supplier to the drilling industry globally.
• In addition to the distribution of major lines of consumables, the company manufactures and distributes their own equipment line.
• The company is currently focused on water well drilling, mining, foundation, exploration, mineral, and environmental markets. Additional markets for expansion include construction, quarry, and energy.
• The company combines technology, services, and execution expertise to assist customers and optimize the life of their equipment assets.
• The company is a global player. While the US accounted for the largest share of sales in 2021, over a third of sales were to international clients.
• The company is run by a passionate and professional management team.
Investment Highlights
• The company’s branded products are recognized for strength, durability and high
value in their market
• Extensive global reach serving 10 countries in the past 2 years alone.
• The bench strength of expertise and experience of the team is unparalleled in the
• market
• The website is a leading educational and instructional resource in the industry.
Total Sales: $3,665,471
Cash Flow: $664,947
FFE: $125,000
Inventory: $1,409,827