Oil-less Bearing Manufacturer

Fremont, OH
Building Photo
Asking Price:$1,700,000
FF&E:$260,000
Established Year:1985
Inventory:$40,000
Real Estate:$1,500,000
BUSINESS DESCRIPTION

Manufacturing Building 70,000 Sq, Feet with Product Line

Company specializes in the design and manufacture of Ultra-Lube® (oil-less) bearing surfaces produced on virtually any shaped part, typical flat or round, made from a variety of bronze alloys and other metals, such as cast iron and stainless steel. The bearings manufactured with Ultra-Lube® (oil-less) bearing surfaces provide continuous lubrication over long periods without maintenance.


ATTACHED DOCUMENTS
Building Sketch.pdf Download

DETAILED INFORMATION
Location
Fremont, OH
Inventory
Included in asking price
Real Estate
Owned
Included in asking price
Building SF
67,000
Employees
1
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Company operates out of a 67,000-sq. ft. facility with numerous dock and excellent highway access. Facility is being sold for $1,500,000. Company has a long list of fixed assets that were appraised for 400,000 in 2022 and are included in the sale.
Growth & Expansion
The company has done no marketing for 10 years.
Support & Training
Owner will work with the Buyer to ensure a smooth transition.
Reason for Selling
Retirement

BUSINESS LOCATION
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Kenneth
M. Hattan
Acquisition Services, Inc.
Kenneth M. Hattan