MergerPlace

Price Reduced!

Missouri


  • Asking Price: $499,000
  • Gross Income: $2,784,970
  • Cash Flow: $357,645
  • Real Estate: Not Disclosed
  • Inventory: $238,000
  • FF&E: $42,000
  • Listing ID: #222216
  • Established: 1968
  • Employees: 4 FT

Business Description

This company has been a family owned business serving Northeastern Missouri and the surrounding area since the 1960s. They sell high-quality agricultural systems from the leading brands and always have a full schedule. A new owner will be able to step into a fully functional business and make money on day one. This business could easily be relocated as long as it continues to serve the needs of the agricultural community.

This business has done extremely well during the pandemic as grain supply and demand caused many farmers to buy grain bins to store excess product.


Business Details

Primary Business Category: Agriculture - Crop Production
Location: Missouri

Company Information

Year Established: 1968
Home Based: No
Franchise: No
Relocatable: Yes
Number of Employees: 4 FT

Financial Information

Asking Price: $499,000
Gross Revenue: $2,784,970
Cash Flow: $357,645
FF&E: $42,000
Inventory: $238,000
Seller Financing Available: No

Property Information

Facilities:

The business currently leases office and storage space of a 70’ X 160' building built in 2015. The office has a restroom and there is a restroom in the shop as well. The current space could be leased to the buyer at the current lease rate or the business could be moved to a new location.

Growth & expansion opportunities:

A new owner could grow the business by adding a satellite store and advertising to build awareness.

Competition:

There are two main competitors in the area; however, the owners do not consider them to be real threats. The brands the company sells are the leading brands in the industry so customers who want quality stay with these brands. The company also wins customers by being the only company in the area with over 30 years of experience designing and servicing irrigation and grain handling equipment.

Reason for selling:

The owners are ready to retire.

Support & Training:

Will train for 52 weeks @ no cost The company sells and services irrigation systems and grain handling systems. These include, but are not limited to, grain bins, augers, dryers, legs, etc. They also have a parts and service department available for service after the sale.

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Business Listed By:

Jennifer Smith

Murphy Business Brokers