Successful & High Profit Grinding & Machine Shop for Sale in Greenville, SC #1713

Revenue:
$3,800,000
Cash Flow:
$850,000
Region:
South Carolina
Location:
Greenville, SC
This business has been SOLD and is no longer available. Please visit our main Businesses For Sale page to search all available businesses.

Overview:

This company was started in 1995 as a precision grinding and machining shop. Over the years, the company has grown significantly to employ 26 workers. Over the last few years, the company has added five Swiss turning machines to increase capacity, efficiency, and profitability, and the results started showing in 2021.

This machine shop for sale in Greenville, SC is an ISO 9001:2008 registered company and offers some of the most intricate and demanding services available in the manufacturing and grinding industry, with tolerances to .0001”.

This machine shop sells to customers all over the United States, but the majority of sales are in the southeast region, as there is a lack of other precision grinding companies in the Carolinas. Their customer list is very diverse, as they sell into the aerospace, automotive, power generation, packaging, and other industries.

Revenue:
$3,800,000
Cash Flow:
$850,000

Your Listing Advisor.

Jackson Payne

Jackson Payne

Managing Partner

Jackson spent the first 28 years of his life chasing his basketball dreams. After playing at The George Washington University and Christian Brothers University, he was a coach at the college level for six years. The competitiveness, leadership, and work ethic he learned in athletics have been differentiators for him in the business world as well.

After getting married, Jackson got into business with his father and brother at Rio Bravo Oilfield Services, where he quickly became CFO. This birthed a love for small business, as he developed the financial department from the ground up, sat on the Board of Directors, and touched every facet of the company. He went back to business school, receiving an Executive MBA from Kenan-Flagler Business School at the University of North Carolina in 2015.

After an exit event at Rio Bravo, he worked for a few years at a boutique investment bank, mainly focusing on due diligence of small businesses that were M&A targets. In 2018, Jackson moved his wife, a native Carolinian, back home and founded Wolcott Consulting, a fractional CFO and Exit planning firm.

With over 15 years of experience as a small business CFO as well as business owner, Jackson’s passion is serving entrepreneurs. He understands intimately what it’s like to sit in their seat, both from a professional and personal standpoint. And his goal is to help use this experience to help them achieve their goals.

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