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Machine Tools Company for Sale in Budapest, Hungary

Budapest-based whetstone maker, knife sharpener, with strong European B2B demand and growth potential, for sale.

Established 10-20 year(s)
Employees < 2
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 35.4 thousand
Run Rate Sales USD 39 thousand
EBITDA Margin 10 - 20 %
Industries Industrial Machinery Wholesale + 1 more
Locations  Budapest
Local Time 6:57 PM Europe / Budapest
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 520 thousand (Native Currency: HUF 160,000,000)
Reason: The business owner is working while also managing the business in Hungary, making it difficult to fu... View More
Includes physical assets worth USD 3.2 thousand
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Business Overview
- Located in Budapest, this business specializes in manufacturing high-quality whetstones for sharpening various tools and knives.
- We primarily cater to B2B clients, supplying our self-developed whetstones to woodworking and kitchen traders in Hungary, Austria, Belgium, Ukraine, and France.
- Business's monthly customer base averages around 1 to 3 businesses, generating a solid revenue of HUF 11-14Million annually.
- The products range in price from EUR 5 (approximately HUF 1000) to EUR 50 (approximately HUF 18K), with an average order value of EUR 1,000 (approximately HUF 360K) for bulk orders and EUR 300 (approximately HUF 100K) for small scale customers.
- Business currently produces 1,000 pieces of whetstones per month, but the production capacity can easily reach 3,000 pieces per month.
- In addition to whetstones, we offer a variety of hard-wearing grinding stones, ceramic sharpeners, and complete sharpening systems through our online sales platform.
- Our strong focus on quality ensures our products are durable, and we pride ourselves on meeting the sharpening needs of our clients efficiently.
Products & Services Overview
The company produces high-quality whetstones and sharpening systems, with its own developed whetstones being the bestsellers. Its main customers are B2B woodworking and kitchen traders in Hungary, Austria, Belgium, Ukraine, and France, who buy in both bulk and smaller quantities. The company’s durable whetstones, grinding stones, and ceramic sharpeners handle the sharpening needs.
Assets Overview
- Tangible assets:
Stock.
- Intangible assets:
The process, website, company domain, LLC incorporation.
Facilities Overview
There’s no office space in use, but operations run from a rented workshop costing HUF 150K per month, with an area of about 50 sq. m.
Capitalization Overview
The company has no outstanding loans, holds 100% of its shares with a single shareholder, and operates using the promoter’s capital along with profits from the business.
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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