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Well Established Tool & Grinding Shop

Calhoun County, MI

Seller Financing Available
BiggerListings 517-657-5600
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Asking Price: $395,000

Cash Flow: $78,500

Gross Revenue: $318,500

EBITDA: N/A

FF&E: $285,000

Inventory: N/A

Real Estate: $200,000*

Established: 1981

*not included in asking price.

Well Established Tool & Grinding Shop

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Business Description

This established business has enormous potential, with a wide variety of equipment, growth is possible in many directions with the greatest potential in Product Sales of Machine Knives; Service of Machine Knives; Carbide, PCD and CBN Tool Fabrication and Regrind Service; Sales and Service of Carbide Tipped Saw Blades and other Woodworking Tools. Target industries include Plastics, Paper, Automotive, Aerospace, Metalworking and Woodworking to name a few.

The shop area, approximately 3,800 sq. ft. is clean and well organized. Machines are maintained and cleaned regularly.

The current owner still has much to offer with regards to ideas, industry knowledge, and physical machinist skills, and is willing to stay on as long as needed through the new owner/management training period, and if needed/wanted remain a team member as a machinist and/or sales rep for the remaining 8-10 years of his working career.

Detailed Information

Location:
Calhoun County, MI
Inventory:
Included in asking price
Real Estate:
Owned
Not included in asking price
Building SF:
3,800
Employees:
4
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Competition:
Few competitors
Growth & Expansion:
Lots of growth opportunities
Financing:
20% down, 5 years, at 8% interest.
Support & Training:
As long as needed
Reason for Selling:
Ready to retire
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(from currently available funds)
 
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Business Listed By:
Jim Baldwin

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