Industrial & Commercial Machinery, Mining, Other Service BusinessesActive
Growing & Profitable Mining Supply & Transportation Solutions Provider
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DescriptionEstablished in 1995 and headquartered in Utah, the business specializes in distributing quality products and providing transportation services to the Western United States mining industry. The company offers a comprehensive range of services, including the distribution of mining equipment and materials, as well as transportation solutions ranging from small hotshot loads to full semi loads, available 24/7 year-round. With a focus on customer satisfaction, the business emphasizes delivering every load safely and meeting customer expectations. The company operates with 13 power units and 11+ drivers, maintaining an active USDOT number and authorized for property transportation.
Operations manager has been in role for 12 years and sales manager in position for 7 years. Both are aware of the sale and will stay on.
Last 5 year Revenue CAGR 18.8%
Average Revenue 2022-2024 = $13.3M
Average EBITDA 2022-2024 = $1.9M
Real EstateRent is $8,500 per month
Inventory$345kIncluded in Asking Price
Number of EmployeesFull-Time: 20
Facilities & Assets13 Semi-trucks, 6 additional vehicles, 21 trailers, additional heavy equipment.
Support & TrainingOwner is willing to provide necessary support but given he is absentee it is expected this will be minimal.
Market & Competition"Domestic power demand growth is expected to accelerate due to data center buildouts and EV growth," Thakkar said. Mining Industry Opportunities with New Administration. “The heads of all agencies shall review all existing regulations, orders, guidance documents, policies, settlements, consent orders, and any other agency …that impose an undue burden on the identification, development, or use of domestic energy resources — with particular attention to oil, natural gas, coal & hydropower.
Growth OpportunitiesSignificant increases available.