Description

Great opportunity to own a well established 90 year old family run construction tool repair business and distributor of cutting tools and equipment for the heavy construction industry. Located in its current location for the last thirty years, it is well known in the industry. Chisel sharpening is the largest segment of the business but they are also a distributor for a well known mining and construction tool manufacturer and manufacture niche tools for a large municipal water provider. Customers include large construction companies, equipment rental dealers, and municipalities, many with a long term relationship. The shop is fully equipped and there is opportunity for additional profit for companies with the space to absorb the business into an existing warehouse. The family partnership is retiring and are very motivated sellers. They are offering seller financing for qualified buyers. All offers will be considered

The business is offered at $225,000 with a down payment of $150,000 and a seller note for the $75,000 balance. Price includes all the equipment and inventory valued at $60,000.

Posted Jul 27, 2015

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