Mining Equipment Distribution & Transport
Location Utah,United States
Asking Price Range $2.5M - $5.0M
Gross Revenues $4500000
Net Profit / Cash Flow $693000
Cash Flow Type EBITDA
Seller Finance Yes
Year Established 1995
Number of Employees 20 - 34
Inventory 300000
Relocatable No
Number of Employees 20 - 34
Real Estate Leased
Training Negotiable.
Reason for Sale Other business interests.
Description This company serves the mining industry in four states, as a distributor of a variety of mining tools and accessories and a provider of short-haul ''hot-shot'' trucking services - on-demand, fast-turn around transportation. They are unique in that they rarely stock products as inventory, instead selling them on consignment or having manufacturers ship directly to customers. The transport side of the Company's business has grown steadily and continues to offer a profitable mechanism for continued growth. While the fees for the service are often higher than others in the market, The Company's level of service and reliability separate their hot shot trucking services from competitors and have allowed them to sign long term hauling contracts with some of their customers. Due to the hot-shot nature of the company's trucking services, mining customers pay rates that cover the route in both directions, full and empty, resulting in very few ''dead head'' miles. The Company has enjoyed consistent growth and strong margins. Asking price is $2,900,000. Contact for more information on this Mining Equipment Distribution & Transport business for sale.
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