High-Demand Blade Sharpening Business, Owner Retiring

Reno, Nevada

Ad ID: 1496666
Type: Established business
Category: Services – Other Business Services
Category: Retail – Miscellaneous Retail

Financials
Asking: $125,000
Included in the Asking Price:
Furniture, Fixtures & Equipment: $52,600

Gross: $103,571
Cash Flow: $63,426

Summary Description
This business can sharpen any saw blade, industrial cutter, lawnmower blade, knife, or shears. Locally owned and operated for over 25 years, this blade sharpening business enjoys the best reputation in Northern Nevada. They have a solid repeat customer base; most customers who purchase blades and tooling from the store end up coming back to have them sharpened and serviced for the life of the product. Very little competition in the area, and Seller hasn’t advertised in years. Seller has established relationships with local cabinet making and paper cutting industries, as well as blade and tooling suppliers. A great benefit of owning this business is the recurring revenue. Owner picks up and delivers cutters and blades on a weekly rotation to clients in the woodworking and printing industries, as well as several larger commercial clients. Northern Nevada’s economy is currently undergoing unprecedented growth. Because a sizeable portion of this business is directly tied to the building trades, saw sharpening is now in high demand and Seller has to regularly turn down jobs. Buyer could easily take on new customers and hire additional employees, as well as increase the retail segment of the business. This is an easy and enjoyable business to run, with customers who truly appreciate this service.

General Information
Year Established: 1999
Employees: 1
Facilities: 1800 sf leased facility in a high-traffic area. Easy to get to and plenty of parking.

Market Outlook
Competition: Reputation of excellence for over 25 years. Locally owned and operated, with many recurring accounts and walk-ins. Established relationships with blade and tooling suppliers. This company can sharpen any blade, cutter, knife, or shears.

Growth and Expansion: Seller enjoys a great word-of-mouth reputation and does no advertising. Buyer could expand the business by taking on new customers and hiring employees, as well as expanding retail sales. Northern Nevada’s economy is booming with no slowdown in sight; as this company tends to follow the economy, it is poised for tremendous growth if the Buyer desires.

About the Sale
Financing: All cash or terms acceptable to seller
Support/Training: 30 days
Reason Selling: Retirement











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