Industrial Hose & Fitting Supplier for Oil & Mining – Established, Profitable, Turnkey

Price: $3,700,000

Location: Utah & Wyoming

Listing ID: 376

Listing Status: Sold

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.

LISTING DETAILS

Total Sales: $6,000,000

Cash Flow: $636,700

FFE: $200,000

FFE Included: No

Inventory: $1,100,000

Inventory Included: No

Operation

Year Established: 1972

Employees: 7 Full-time, 1 Part-time

Location

Type of Location: Utah & Wyoming

Summary

Reason For Sale:

Retirement

Training & Support:

3 months (available as needed)

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.

Potential 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.