Opportunity is missed by most people because it is dressed in overalls and looks like work. - Thomas Edison
If you are going to get serious about this you should use three wheels......coarse, medium, fine. And that is assuming you want to take the proper time to do it correctly. Personally, I believe replacing the rubber to be more cost effective although self sharpening automatic sharpeners let you pretty much walk away; assuming you are a larger shop with multiple autos.
I want to build a simple squeegee sharpener.What grit wheel do I need to use?Where can I buy these?Fimor recommend a Diamond wheel 60 or 120 grit buy theirs are very expensive.