Highly profitable silicon grinding business

Not Disclosed, OH
Lawrence County


Asking Price: Annual Revenue:
$2,344,000 $1,750,000

Manufacturing: Metal Products


Request More Information
Contact the Seller

RE: Highly profitable silicon grinding business Broker: Jeffrey S. Miller
Owner Financing is Available!
$586,000.00

Quick Facts

Asking Price: $2,344,000
Annual Revenue: $1,750,000
Net Profit: Not Disclosed
Cash Flow: $686,000
Total Debt: Not Disclosed
FF&E: $250,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 2
BBN Listing #: 812363934
Broker Reference #: 2072022-856494

Email or Print Listing

Request More Information
Contact the Seller


Business Overview:

This business grinds, dries and packages silicon metal fines for use in refractories.

Established and profitable for over 30 years, the production facility is located in Southern Ohio, but the seller currently manages the business from his home in Florida. A new owner could replicate this model and manage the business remotely from anywhere with an internet connection.

Over the past decade the business has consistently exceeded $1 million in revenue with strong margins and significant cash to the seller. Demand for the product continues to be strong, and 2022 revenue is anticipated to top $1.7 million with Seller’s Discretionary Income in excess of $675,000. The seller has already secured orders for 2023 allowing the company to replicate 2022 results.

The purchase price for the business assumes a buyer will lease the site from the seller.

The production facility comprises a small portion of a total of 169 wooded acres in Southern Ohio. The acreage includes many hiking paths, as well as several ponds and an upscale and well maintained 4,000 square foot home. All or parts of the real estate are available for purchase with the business.

The seller is open to signing a consulting agreement with the buyer to provide assistance as needed for up to a year after the date of the sale in order to allow time to effectively transition vendor and customer relationships.

Seller financing for up to 25% of the purchase price will be considered for qualified buyers.

Growth & Expansion Opportunities: Historically the business also produced ferro silicon for use in the steel industry. A new owner could start this production back up to quickly expand the business.

Investing in additional sales efforts through actions such as hiring a salesperson, and building a website to make the company more visible to businesses in need of their product would also generate additional opportunities for a buyer.

60x200 foot production warehouse as well as numerous storage buildings. Plenty of room for current needs plus space for expansion into new product offerings.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Reason for Selling:

Retirement

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

Relevant Links:

Request More Information
Contact the Seller



BusinessBroker.net is one of the largest business for sale marketplaces in the world that connects tens-of-thousands of business buyers and sellers every month. Sell a Business Online or if you’re a broker or a commercial agent sign up for a Business Broker Membership today!