1227 Precision Grinding & Ancillary Manufacturing Services - NW Milw.

WI

Seller Financing Available
1227 Precision Grinding & Ancillary Manufacturing Services - NW Milw.

Asking Price:$1,100,000

Cash Flow:$300,000

Gross Revenue:$950,000

EBITDA:N/A

FF&E:$550,000

Inventory:$5,000

Real Estate:N/A

Established:1951

1227 Precision Grinding & Ancillary Manufacturing Services - NW Milw.

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Business Description

1227 Precision Grinding & Ancillary Manufacturing Services - NW Milw.

For Sale: Very long-established 66 year-old manufacturer/fabricator job shop located in northwest Milwaukee area, providing finishing services to equipment manufacturers in SE Wisconsin. Specializes in precision grinding, blanchard grinding, heat treating services, and limited machining. Parts that undergo grinding are made of steel, iron, chrome, ceramic, plastic, and rubber. Good equipment in excellent shape included in the sale. Strong customer base with repeat business, skilled and experienced employees with key management in place to stay-on, great facility and location for sale or lease with sale of the business, unique service offerings with ISO Certification, and the manufacturing industry is in an upward growth trend in this market. Annual income of nearly $1 Million, and boasts owner's annual earnings of over $300,000. Bank financing is available. Astute buyers will find this opportunity very appealing and it won't last long, so contact the Broker soon for further details.

https://lakesbusinessgroup.com/business/1227-precision-grinding-ancillary-manufacturing-services/

For more business listings see:
https://lakesbusinessgroup.com/businesses-for-sale/m-a/

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Building SF:
20,000
Employees:
9
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The real estate is a 3.7 acre parcel of land, about 20,000 square foot building, one story production and office space, loading dock, overhead loading door, and ample parking in excellent location - northwest Milwaukee area.
Competition:
Providing specialty finishing services and being ISO Certified make this business unique with very limited competition.
Growth & Expansion:
Manufacturing industry is on a growth trend, this company is poised and ready to capture that significant growth, and is an excellent acquisition roll-up opportunity for another industrial manufacturer.
Financing:
Available with qualified buyer & strong offer
Support & Training:
Seller is willing to execute a mutually acceptable transition support agreement in order to aid the buyer in success of the business. Currently key management employees in place running the business day-to-day that will stay with new owner.
Reason for Selling:
Retirement

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Tim Bullard

Business Listed By:
Tim Bullard

VR Lakes Business Group, Inc.

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