Absentee Owner, Equipment and Manufacturing Machine Shop

Listing Number: 60349-213613

Description

Focusing on the vehicle and oil industry, this business develops parts for oil drilling rigs and other essential valve parts for sourcing oil. This business is operated by a small crew with 13 machines, leaving huge potential for future growth with a future hands on owner. The owner that is looking to retire from 40 years of working in the industry.

Listing Details

• Price: $850,000
• Down Payment: $755,000
• Sellers Discretionary Earnings: $195,055
• Total Sales: $395,167
• Location: Oklahoma County, Oklahoma


• Inventory: $550,000
• FF&E: $700,000
• Employees: 4
• Year Established: 1987
• Reason for Selling: Retirement
• Category: Manufacturing