The Company began business approximately 100 years ago specializing in grain and blended fertilizers. Over the years the Company expanded their services by re-investing in capital equipment and quality labor. Several years ago, the Company move away from grain to focus on the more profitable fertilizer business. This strategy has worked well and has allowed the company to provide a more specialized approach to their customers. A few years ago, the Company expanded their facility by adding a “fertilizer house” which brings their current capacity to 22,884 square feet located on 3.89 acres. The Company has 12 employees during peak season, 5 full-time and 2 part-time employees which includes the two officers.
Facility is priced at $700,000. A buyer who purchases the Business must also purchase the Real Estate. Rent of $106,000 represents the cash flow that supports the purchase of the Real Estate. The Company has 22,664 sq. ft. which includes the 8,960 sq. ft. Fertilizer House, 13,104 sq. ft. Warehouse and 600 sq. ft. Office Building. There are two grain bins and an 11' X 70' scale. At this point approximately 75% of the facility is currently being utilized. There is also room to expand the current facility if needed. Currently all fertilizer products are sold in bulk and the company spreads it onto the fields and pastures. However, for a modest capital investment, the fertilizer could also be bagged and sold to retail or wholesale establishments utilizing the current facility. This could be incremental revenue for the buyer of this business.