| Asking Price |
$3,300,000 | Inventory |
$200,000* |
|---|---|---|---|
| Gross Income |
$1,55,049 | Real Estate |
$1,500,000* |
| Cash Flow |
$350,350 | Year Established | 1988 |
| FF&E |
$650,000* | Employees | 6 |
* included in the asking price
** not included in the asking price
This business has been operated by the same owner for twenty (20) years and though very profitable has a huge upside potential for an aggressive owner. The services are in steady demand. Ths company serves the construction industry, civil engineering, and potentially the mining houses. Nevada is the mining capital of the U.S., with Newmont mining being the largest gold mining house in the world having a huge stake in this state.
Facilities: This business is located in the industrial area of Sparks, Nevada. The lot size is 1 acre and the building is 15,374 sqft. The building has office space, warehouse space and is mostly a machine shop. Built in 1977.
Competition: Only one local competitor that can provide a similar suite of services. One competitor adevertising in this market based in Sacramento Calif. Also a few retail stores with no refabrication capabilities.
Growth/Expansion: There is pent up possibilities because this operator has not serviced the mining industry for over 6 years. The mines are a huge market for this comapny. Repairing spindles will add dramatically to the bottom line. Owner will help market to the mines. Has a great store of knowledge that he'll pass to new owner.
Financing: OWC 1st title deed terms negotiable
Support/Training: Owner will train at no charge for 40 hour over two weeks but is willing to consult over a two year period.
Reason Selling: Operated by owner for 20 yrs, now ready to retire.

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