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Established Industrial Tool Supplier & Sharpening Service – Available with Property

$375,000.00

Description

Listing Number: 1481

This highly reputable Industrial Tool Sharpening and Sales business has been a trusted provider of high-quality sharpening services and cutting tools for over 45 years. Generating over $600,000 in annual revenue, the company has built a strong reputation for superior craftsmanship, cutting-edge technology, and exceptional customer service. The business serves a diverse clientele across multiple industries, including both small manufacturers and large-scale industrial operations.

With long-term contracts in place, the business enjoys a steady and reliable revenue stream. Its skilled workforce, combined with advanced machinery and industry-leading techniques, enables it to deliver precision and consistent, on-time service for both pickup and delivery. In addition to sharpening services, the company also offers a wide range of high-performance cutting tools, solidifying its role as a one-stop supplier for industrial needs.

In addition to the sale of the business, is the sale of the fully equipped property, valued at $300,000. The facility is in a prime location and is designed to accommodate the high demands of the business, with ample space for operations and expansion. This is a rare opportunity to acquire a profitable, well-established business with a loyal customer base, a strong track record of success, and significant potential for future expansion.

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Asking  Price: 
$375,000

Gross  Revenue: 
$620,033

Adjusted Net Income: 
$155,484

General Info:

  • Asking Price: $375,000
  • Gross Revenue: $620,033
  • Total Adjusted Net Income: $155,484
  • Equipment / Fixtures: $205,000
  • Year Established: 1977
  • General Location: Chattanooga, TN

Real Estate Info:

  • Square Feet: 3,500
  • Property: Owned by Seller. Available for $300,000. Not included in the asking price. 
  • Build Out Cost: $20,000
 
 

Additional Information:

  • Full-Time Employees: 2
  • Training Period: 30 days
  • Reason for Selling: Retirement
 
 

Ryan Walker

For more information on this business contact Ryan:

Office: (615) 850-4410
Cell: (305) 502-2781
Email: ryan@nashbb.com

Looking to Sell?

Nashville Business Brokerage is here to guide you through a seamless and rewarding selling process. Our team of experienced professionals is dedicated to maximizing the value of your business and ensuring a smooth transition. Take the first step toward a successful business sale by scheduling a consultation today.

Contact us now to get started.