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Posted: Monday, October 2, 2017 4:00 PM

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Precision Grind Shop

Business Description: This is an excellent chance for someone to own your own turnkey Precision Grind Machine Shop. Currently the owner has been turning down business because he is getting ready to retire.
At this time, he has two part-time employees, but has had as many as six full-timers in the past. When they had six full time employees, they grossed over $500,000 a year.
When they had one full-timer and and a part-timer, they grossed over $200,000 a year.
The reduction in employees is a decision by the owner about what kind of work he wants to take on at this point.
The current owner would be willing to train and help the next owner bringing some of the past business it has been turning away, and to take the business back to where it was a few years ago.
The company has an excellent reputation and does no advertising. They always have enough business and they have a long and loyal customer base.
A full equipment list can be provided upon request, but primarily use universal type grinding equipment, also having surface grinding, centerless grinders,
both end feed and through feed, CNC grinding, and inspection equipment. It is a service industry, they can grind anything from rubber to ceramic at close tolerance.
The building is about 5000 square feet, is air conditioned, and there is an option to purchase the property.
Please come take a closer look at this excellent opportunity. The owner is willing to negotiate price and down payment with the right buyer.
Please contact the broker at 1-877-735-5224.

Asking Price: $160,000.00

Gross Revenue: $80,000.00

Owner's Cash Flow: $45,000.00

Down Payment: $115,000.00

For more information, contact Vested Business Brokers at 1(877) 7355224.

We have over 3,700 businesses for sale, many with owner financing. Visit our site today to find the business that's right for you.

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.

• Location: Cleveland, Summit County

• Post ID: 50449432 cleveland

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