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Industrial Hose & Fitting Supplier for Oil & Mining - Established, Pro
Business Description
This well-established industrial supplier, founded in 1972, specializes in critical components like hoses, fittings, and related equipment. The company primarily serves the robust oil and mining industries from its strategic locations in Utah and Wyoming, boasting enduring supplier relationships, including exclusive distribution rights with key manufacturers.
This is a turnkey business with high customer retention exceeding 80% and multiple revenue streams. The furniture, fixtures, and equipment (FFE) valued at approximately $200,000 and inventory valued at approximately $1,100,000 are excluded from the asking price. The company operates effectively through both retail storefronts and proactive outbound sales, with a strong emphasis on specialized repair services that significantly enhance its value proposition.
The two strategic locations provide diversified market and industry exposure, offering a solid foundation for continued success. Significant growth opportunities exist through digital transformation, geographic expansion into new territories, and enhancing current service offerings.
This is a turnkey business with high customer retention exceeding 80% and multiple revenue streams. The furniture, fixtures, and equipment (FFE) valued at approximately $200,000 and inventory valued at approximately $1,100,000 are excluded from the asking price. The company operates effectively through both retail storefronts and proactive outbound sales, with a strong emphasis on specialized repair services that significantly enhance its value proposition.
The two strategic locations provide diversified market and industry exposure, offering a solid foundation for continued success. Significant growth opportunities exist through digital transformation, geographic expansion into new territories, and enhancing current service offerings.
About the Business
- Years in Operation
- 53
- Number of Employees
- 8
- Market Outlook / Competition
- Established industrial supplier specializing in hoses, fittings, and related equipment, with exclusive distribution rights and high customer retention (80%+), is available for acquisition. This turnkey business, serving the oil and mining industries from two strategic locations, offers diversified revenue streams and significant growth opportunities.
- Opportunities for Growth
- This long-standing industrial supplier, established in 1972, boasts an impressive 80%+ customer retention rate and exclusive distribution rights with key manufacturers, offering a turnkey operation with diverse revenue streams. Significant growth opportunities exist through digital transformation, geographic expansion, and expanded service offerings.
Real Estate
- Owned or Leased
- Owned
- Not included in asking price
About the Sale
- Seller Motivation
- Retirement
- Transition Support
- 3 months (available as needed)
Listing Info
- ID
- 2378783
- Listing Views
- 2745
Listing ID: 2378783 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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