Spindle Repair Business
Industry: Machinery Manufacturing
Listing ID: 220226834
Listing Status: New
The company is a profitable and well-established precision spindle rebuilding business. The company has an outstanding reputation with its customers that include large industrial companies and machine shops of various sizes. The company is located on the west coast and within 1 hour of an international airport. This location allows 1-day shipping from the Seattle industrial area and 1 day expedited shipping from Northern California. The company performed well during the pandemic and is more profitable than in prior years. The company’s process for machine tool spindles includes inspection, disassemble, clean, measure, reassemble, inspect, Taper grind, test run-in, dynamically balance, document and ship back to the customer. The company is an OEM for several bearing Companies which gives them better buying power for bearings. All assets needed to operate the business are included in the sale.
Total Sales: $757,000
Cash Flow: $372,000
FFE Included: Yes
Year Established: 1993
Training & Support: Seller will provide training and transition support to the buyer.
Seller will provide training and transition support to the buyer.