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Industrial Sharpening Service - Sales
Location: United States -> Florida
Industry: Wholesale and Distribution > Wholesale and Distribution




Business Summary

This business offers sharpening, retail sales, service and industrial repair service in Northeast Florida near Orlando. They specialize in a complete range of sharpening services including: Saw Blades, Paper Knives, Router Bits, Auger Bits and many more! They also sale a full line of new products including: Saw Blades, Custom Blades, Router Bits, Saws and Cutting Sticks. The products they are authorized dealers of are: Alliance Knife, Amana tool, European Tool, Kreg Tools, Mirka, Southeast Tool, Velepec Tools, Vortec, Whiteside Router Bits and WL Fuller, plus many more! They have a modern, easy to read website for established and new customers. A new owner will be happy to know they have seen strong growth in the last few years and have updated their equipment accordingly. This is a successful business with stable revenues and good market growth.
This industrial sharpening service company has been in business nearly 20 years with the current ownership. The current owners are ready to retire and see a new owner take it to the next level. They have hundreds of loyal customers and the owner says this is a great industry to be in at this time. With one owner managing the shop and the other working directly in it, this owner operated business is managed in a hands-on fashion giving the owners full control over the quality of products and the customer service provided. Out of their total revenue, 65% comes from industrial services while the other 35% comes primarily from sales. Vehicles and equipment are included in the sale. Photos and more details are available upon request.
Asking $1,700,000.00. 80% repeat clientele. Valued at approximately 3,500, this facility is owned with the option to lease or purchase. This building is approx. 6,800 sq. ft. has been remodeled and is still in good condition with plenty of room for expansion. The facilities consist of lobby and retail, offices, CNC/Break Room and a large warehouse shop. The owner has put in 3 phase electrical.


Financials

Asking Price Range:  $1.0M - $2.5M
Gross Revenues:   $566,000
Cash Flow:   $129,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $720,000
Seller Financing:  Yes

About The Business

Year Established:  1997
Number of Employees:  1 - 3
Relocatable:  No
Franchise:  No
Current Real Estate:  Owned
Property:  Property For Sale

About The Sale

Management Training and Support:  Key staff will stay on after the sale. Owners are available for a reasonable transitioning period.
Reason For Selling:  Approaching retirement.

Photos

View Larger Photo(s) Of Business
Industrial Sharpening Service - Sales Photo 1




Print Listing Id: 700244327


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Also See: Franchise Opportunities > Franchise Resales > Florida Businesses For Sale > Florida Franchises For Sale > Florida Business Brokers



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