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Industrial Products Manufacturing – Southeast Michigan

SOLD – This established manufacturer has three distinct revenue streams. Super abrasive single layer grinding wheels, industrial cutting tools (standard and specials) and building or rebuilding of CNC grinding equipment. The business has a solid reputation and has lots of room for growth with the addition of a sales department.

This business has a high level of knowledge that the seller is willing to train and pass along in an extended transition period if desired. The business prides itself on providing affordable custom solutions to fit all projects and budgets. With 30+ years of experience combined with the latest engineering techniques they are able to find solutions for their clients’ needs. Some customers have been with the business for over 20 years.

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Listing ID:

ABB-23085328-90

Location:

Southeast Michigan

Type of Business:

Manufacturing

Gross Revenue:

$1,375,000

Cash Flow:

$425,000

Inventory:

$65,000

FF&E:

$375,000 (included)

Established:

1988

Employees:

5 FT / 1 PT / 1 IC

Facilities:

  • 12,500 square ft of shop space with dedicated air conditioned office space of 3,000 square ft
  • Located on 2.5 acres with gated area and room to grow
  • Located near major transportation hubs

Real Estate / Lease Terms:

  • Property is owned and available for purchase or lease

Growth Opportunity:

  • Added focus on sales in cutting tool business would immediately benefit profitability
  • Grinding wheels and machines are in a growing sector with availability to double in size on with added manpower and grit inventory

Competition:

  • Grinding wheels has grown and there are competitors
  • This business has an edge with making cores in house and reducing delivery times
  • This business is nimble and established with great suppliers and have kept costs low

Support & Training:

  • Seller available to provide training and support for a smooth transition period
  • Seller can stay in the business for up to 2 years or as needed to transfer knowledge and skills

Reason for Selling:

  • Looking to retire and explore other interests

Broker Contact:

Larry Baumgart – Advanced Business Brokers

Direct: 269-330-6924

Fax: 248-564-5259

Email: Larry@ABB-BusinessBrokers.com

For more information, fill out the form below:

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The broker has made no investigation of the above information, prospective buyers must accept all due diligence responsibility. ​Above information is subject to change and/or correction and should not be considered binding.

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Dr. Mark Hagar

A lifelong resident of Fort Wayne, Indiana, Dr. Mark Hagar brings decades of hands-on experience in small business ownership, acquisitions, and turnarounds to his role as a business broker. Over his distinguished career, he has acquired and operated more than 20 companies and engineered over 50 successful turnarounds, giving him a uniquely practical understanding of what makes businesses succeed, and sell. His portfolio spans manufacturing, distribution, and service firms in industries including printing, education, military contracting, aerospace, and orthopedics. This diverse background enables him to identify value, anticipate buyer needs, and structure complex deals with confidence and precision.


Mark holds a Doctorate in Business Administration (DBA) from Cranfield University’s School of Management in Bedford, England—one of Europe’s leading business schools. His research on small business resilience and operational excellence has been recognized by the Small Business Institute (SBI), the United States Association for Small Business and Entrepreneurship (USASBE), and the International Council for Small Business (ICSB).


In addition to his business career, Dr. Hagar has served as a member of faculty at several institutions of higher education, including Holy Cross College (Notre Dame), Trine University, and the University of Saint Francis. He also hosted Your Business Matters, a small business–focused radio show and podcast for more than a decade and is the author of Small Fortunes – the Acquisition Entrepreneur’s Guide to Buying a Profitable Small Business.


A passionate advocate for entrepreneurs, Mark previously chaired the Indiana Leadership Council for the National Federation of Independent Business (NFIB), representing small business owners before state and federal legislators. He currently serves as President of the Allen County, Indiana Economic Development
Commission.


As a broker, Mark specializes in industrial, manufacturing, and distribution firms, with particular expertise in special situations, distressed assets, and complex transitions where experience, creativity and discretion are central to success.