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True Grit Abrasives Inc

Abrasive Product Manufacturing · Tampa, FL

True Grit Abrasives Inc is a business in Tampa, Florida, listed under abrasive product manufacturing, with 5 to 9 staff, as recorded in 2020 to 2021. From 2023 to 2026, similar businesses sold for about $230K to $1M.

This page was built from public U.S. government records (Small Business Administration and Census Bureau). It was not created by this business and contains no information from Value Alpha users. How it works · Request removal

Public record

Industry
Abrasive Product Manufacturing (NAICS 327910, as reported by the business)
Location
Tampa, Florida
Staff
5 to 9 people (as reported in 2020 to 2021)
Local rank
#7 of 12 businesses in Tampa listed under other nonmetallic mineral product manufacturing, by staff size (2020 to 2021)
As of
2020 to 2021. Details may have changed since then.

What businesses like this sell for

Businesses in Manufacturing with 5 to 9 staff, bought 2023 to 2026. Based on 107 purchases.

Loans used to buy them

$200K to $850K

Middle loan about $450K

Estimated purchase prices

$230K to $1M

Middle price about $530K

How we estimate the price: the records show the loan behind each purchase, not the price. Buyers usually borrow about 85% of the price, so we divide the loan by 0.85. The ranges show the middle half of purchases. This is not a valuation of True Grit Abrasives Inc.

Financials of businesses like this

Average revenue

$1.5M

a year

Average payroll

$370K

25% of revenue

Average staff

6.9

people

US averages for abrasive product manufacturing with 5 to 9 staff, 2022 (43 businesses). These are not True Grit Abrasives Inc's own figures; its own revenue and profit are what a valuation needs.

Value True Grit Abrasives Inc on Value Alpha

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Questions

How much is a business listed under manufacturing worth in Florida?
From 2023 to 2026, businesses listed under manufacturing with 5 to 9 staff sold for about $230K to $1M, with a middle price of about $530K, based on 107 purchases. A business's own value depends on its revenue, profit and owner pay.
How current is the information about True Grit Abrasives Inc?
The industry and staff numbers were reported by the business in 2020 to 2021 and may have changed since then.
How can the owner of True Grit Abrasives Inc get a valuation?
Claim the business, upload one document that shows its name, and add revenue, profit and owner pay. The valuation can start while the document is reviewed.

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