Cutter Grinding
Location Michigan,United States
Asking Price Range $500K - $1.0M
Gross Revenues $358614
Net Profit / Cash Flow $138328
Cash Flow Type EBITDA
Seller Finance No
Year Established 1957
Number of Employees 10 - 19
Relocatable Not Disclosed
Number of Employees 10 - 19
Real Estate Owned
Training It is negotiable how long the current owner ...
Reason for Sale The Owner (s) wishes to retire and pursue other...
Description Established in 1957, this family business has remained under current ownership since 1997 and offers a full service cutter grinding company that repairs steel cutting tools such as milling tools, reamers, drills and special tools to print. The business started with one machine in a basement, and has now expanded to four locations across the local and surrounding areas.
Servicing the industry since 1957, the family-business has operated with extensive name recognition and is well recognized in the local and surrounding communities for their excellent service and quality work. The business has a proven track record resulting in rapid and continued profitable growth for over ninety years.
The following is a review of each specialization gross sales:
Repairing Milling Tools, Drills etc., 50% Gross Sales, Manufacturing and Repairing Special Cutting Tools, 40% Gross Sales, New Tool Sales, 10% Gross Sales.
Contact for more information on this Cutter Grinding business for sale.
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