Business Description / Services / Footprint / History: Company is in the metal finishing business providing a reliable source for grinding, deburring, blast finishing and peening. Company began in 1977 with a single customer and one machine and now serves long term and loyal customers in Ohio, Michigan, Indiana, and Wisconsin out of its Northwest Ohio facility. Company is certified ISO 9001/2008 and scheduled for ISO 9001/2015 Audit.

Financial Performance:

• Sales Revenues: 2017: 665,104 | 2016: 615,556 | 2015: 668,058
• Normalized EBITDA: 2017: 133,373 | 2016: 81,865 | 2015: 127,810
• Seller Discretionary Earnings (SDE)*: 2017: 140,425 | 2016: 108,532 | 2015: 133,518
• *SDE is Net + Officer Compensation + Interest (Tax Returns)

Why a Great Opportunity – Major Attributes:

• Well established long term and loyal customer base

• Consistent annual sales revenues approaching $700k

• Nice EBITDA of $133,373

• Equipment/Machinery appraised at over $700k

• ISO Certified

• No inside or outside sales reps – Marketing efforts should expand customer base

• Turnkey operation with experienced staff

• Owner willing to transition/consult

Reason For Selling: Owner desires to retire.

Asking Price:

• $595,000 for Business
• $375,000 for Building

If you have an interest in further exploring this opportunity, please contact me by phone or email. The signing of a Confidentiality Agreement will be required before the identity or Selling Memorandum will be released.