Best Edge Sharpening is an established mobile sharpening service serving the Salt Lake Valley market since 2018. This profitable route-based business demonstrates strong financial performance with $190,000 in annual revenue and $160,000 in seller's discretionary earnings, representing an impressive 84% profit margin.
FINANCIAL PERFORMANCE:
• Annual Revenue: $190,000
• Seller's Discretionary Earnings: $160,000
• Asking Price: $385,000
• FF&E Value: $50,000
• Single employee operation maximizing owner benefits
SERVICE OFFERINGS:
The business provides comprehensive sharpening services for kitchen knives, hunting knives, pocket knives, axes, garden tools, electric hedgers, snips, loppers, and various cutting implements. Operating from a home-based model, the company serves restaurants, butcher shops, residential customers, and farmers markets throughout the region from Springville to Farmington and Park City.
MARKET POSITION:
Best Edge Sharpening has established a competitive advantage through superior sharpening expertise using a proprietary mobile system. The business focuses on precision sharpening quality, differentiating itself from competitors who primarily offer knife washing services rather than true sharpening expertise.
GROWTH TRAJECTORY:
The business shows strong momentum with 2024 sales of $154,000 projected to reach $190,000 in 2025 and $215,000 in 2026. Future expansion plans include enhanced social media presence, barber and salon shear services, pet grooming shears, and mail-in/drop-off sharpening with a goal of $300,000 by 2026.
TRANSITION SUPPORT:
• Complete training on proprietary mobile sharpening system
• Transfer of established customer accounts and business phone number
• Ongoing support for seamless client transition
• All equipment and fixtures included in sale
This turnkey opportunity provides immediate cash flow in a recession-resistant service industry with minimal overhead and operational flexibility. The seller is relocating to Florida, creating availability for a qualified buyer.
Cash financing required.
Ad#:2410695