Manufacturing-Grinding & Polishing of Metal Parts
Location: Illinois > Western Suburb of Chicago
Industry: Manufacturing > Other Manufacturing
Financials
Asking Price: $235,000
Gross Revenue: $473,172
Gross Revenue Comments: From 2006 Tax Documents
Cash Flow: $84,044
Cash Flow Comments: From 2006 Tax Documents
FF&E: $375,360 (Included in Asking Price)
Seller Financing: Sellers are willing to consider Seller Financing on $141,000 of the deal for 10 years at 10.5%.
Business Summary
This business has served the grinding needs of manufacturers in Chicago and surrounding suburbs for almost 50 years! The business provides a variety of services including centerless profile grinding, thru-feed grinding, production in-feed, cylindrical grinding, and OD grinding. The current owners began operating this family business eighteen years ago and are 'burned out' and desiring new careers. It is a great opportunity for someone who wants to re-energize the marketing of the business and kick it up a notch. The turn-around of this business offers great rewards for the right owner. The current owners are also offering to consider Seller Financing for the right buyer
About the Business
Year Established: 1958
Employees: 9 full time -
About the Sale
Reason For Selling: Owners desire career change.
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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