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Quick Facts
Asking Price: | $549,000 | |
Annual Revenue: | $1,368,383 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $265,476 | |
Total Debt: | Not Disclosed | |
FF&E: | $250,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 1986 | |
Employees: | 10 | |
BBN Listing #: | 261453365 | |
Broker Reference #: | Not Disclosed |
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Business Overview:
Since 1986 this thriving Industrial Supply Company has built its vast customer base by providing high-quality sharpening services and sales, earning them an excellent reputation with both loyal over-the-counter and business route customers. They earn from two main profit centers: (i) sharpening services for a variety of saw blades, tooling, and industrial knives; and (ii) sales of a variety of industrial products, specializing in bandsaw blades.
This business exhibits a documented, proven and sustainable track record of sales and profits and lies in a limitless market with very little competition. Although the business may need to be relocated, the asset value, more than $250,000, combined with the seller’s annual discretionary earnings (SDE) of over $265,000 for a working owner, a tremendous opportunity at a 1.3 times multiple of SDE.
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Property Features and Assets:
Premise size is 5,738 square feet. Property to be purchased at separate price or relocated.
Additional Details:
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