Precision Grinding Services Company
Location Illinois,United States
Asking Price Range $250K - $500K
Gross Revenues $592201
Net Profit / Cash Flow $97380
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1964
Number of Employees 6 - 9
Inventory 177000
Relocatable Yes
Number of Employees 6 - 9
Real Estate Owned
Reason for Sale Retirement
Description This is a unique opportunity to acquire an established Precision Contract Grinding Company located in the Chicago West Suburbs. The company operates a multiple of grinding systems, each equipped with a variety of machine accessories to complete even the most complex grinding tasks. Founded in 1964, the company has been serving a longstanding customer base of over 60 active clients. The company has experienced employees with many years of service within the industry as well as for the company. Equipment last appraised at over $167,000 included in the sales price. Revenues are up over 25% in 2012 and totaled $553,000 for the first 9 months of the year with the Seller forecasting a strong 4th quarter. Seller will train and transition to new ownership. Real estate is available from current seller or lease with an option to buy. Please email for more information on this or other listings at Sunbelt.
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