MergerPlace

Quality Precision Grinding Machining Co.

Minnesota


  • Asking Price: $300,000
  • Gross Income: $725,280
  • Cash Flow: $148,752
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $202,640
  • Listing ID: #199258
  • Established: 1978
  • Employees: 6 FT

Business Description

This machining company does tight tolerance (as close as 2/10 of a 1000th of an inch) precision grinding on various raw materials including aluminum, steel, stainless steel, plastics, and rubber. They have about 500 customers of which about 50 are active. They have three Blanchard grinding machines, the largest of which is 84 inches in diameter. They also machine other metal parts on CNC machines. All raw materials are owned by their customers who deliver raw materials to the company and pick up the finished product when completed. This aids their cash flow. Most of the company's employees have been with the company for many years.


Business Details

Primary Business Category: Manufacturing - Machinery
Location: Minnesota

Company Information

Year Established: 1978
Home Based: No
Franchise: No
Relocatable: Yes
Number of Employees: 6 FT

Financial Information

Asking Price: $300,000
Gross Revenue: $725,280
Cash Flow: $148,752
FF&E: $202,640
Seller Financing Available: No

Property Information

Facilities:

The company leases a building with about 9,000 square feet of industrial space in an industrial park.

Growth & expansion opportunities:

Their customer base consists of printing companies, other machine and fabricating shops, construction companies, and various manufacturers. A buyer who is an aggressive marketer could add to the revenues.

Competition:

There are many other machine and precision grinding companies. This company's reputation for quality keeps their customers coming back again and again.

Reason for selling:

The owner desires to retire.

Support & Training:

Will train for 4 weeks @ no cost. The company machines parts for other companies. Those parts could be made out of aluminum, steel, stainless steel, plastics or rubber.

Contact Business Seller

This form may be used only to contact the seller of this specific business listing. Please do not use this form for any other purpose.

Business Listed By:

Darrel Damhof

Murphy Business Brokers