Sharpening/Repair Services & Cutting Tools for Wood Industry - SE US

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Cash Flow:$421,000
EBITDA:$341,000
Gross Revenue:$1,650,000
BUSINESS DESCRIPTION

The Company provides sharpening and repair services to the wood industry from owner occupied facilities, specializing in tooling for panel mills (e.g., plywood, oriented strand board or OSB, particle board, medium-density fiberboard or MDF, and high-density fiberboard or HDF). It differentiates itself as a service company, offering sharpening and repair services for the cutting tools its customers use to produce their products. The Company also offers customers a variety of readymade cutting tools from several vendors and can custom design and build tooling for special applications. It sells to board mills (68% of sales in 2023) as well as millwork/cabinet makers (12%), metal fabricators (3%), and others (17%).


ATTACHED DOCUMENTS
Confidentiality Agreement Download

DETAILED INFORMATION
Inventory
Not Included in asking price
Competition
Revenue (in current dollars) for US sawmills and veneer, plywood, and engineered wood products manufacturing is forecast to grow at a CAGR of 7% between 2023 and 2028, based on changes in physical volume and unit prices.
Growth & Expansion
* Expand to Metal Cutting Tools * Expand Pick-Up/Delivery Geographic Area * Upgrade Equipment
Support & Training
As needed
Reason for Selling
Liquidity/pursue other interests
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Cory
Stickland
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Cory Stickland