MergerPlace

Niche Ag/Metal Manufacturing Business

South Dakota


  • Asking Price: $4,250,000
  • Gross Income: $2,096,246
  • Cash Flow: $398,967
  • Real Estate: $1,500,000
  • Inventory: $1,750,000
  • FF&E: $1,000,000
  • Listing ID: #198283
  • Established: 1988
  • Employees: 9 FT

Business Description

Located in eastern South Dakota, this business has been In operation for three decades. The business provides custom agriculture and metal products and parts to customers nationwide. Avoiding dealer and distributor networks, they sell to customers direct. Because of the product mix, the business is closely tied to the agricultural economy. Currently, the business has nine employees, down from approximately twenty a few years ago. In 2013 and prior, the business routinely pushed over seven figures to the bottom line. The economy, combined with the failing health of the owner, the business has been stagnant and needs the energy from a new owner ready to grow the business.


Business Details

Primary Business Category: Agriculture - Crop Production
Location: South Dakota

Company Information

Year Established: 1988
Home Based: No
Franchise: No
Relocatable: Yes
Number of Employees: 9 FT

Financial Information

Asking Price: $4,250,000
Gross Revenue: $2,096,246
Cash Flow: $398,967
FF&E: $1,000,000
Inventory: $1,750,000
Real Estate: $1,500,000
Seller Financing Available: No

Property Information

Facilities:

Business operates out of four buildings, totaling approximately 33,500 square feet. The structures sit on 9 acres; drive was just recently improved for drainage. Plenty of room for expansion of current product lines or addition of new lines of business. Property and structures are in very good condition.

Growth & expansion opportunities:

Excellent opportunities for growth. Buyer can look to re-invest in trade shows, research selling through dealer and/or distributor networks and possibly expand the product offerings. In addition, a buyer can re-energize the business and operations, as economy and buyers failing health has sapped the synergy from the business.

Competition:

Business has been in operation for thirty years, so they have a vast customer list and sell their products nationwide, with many repeat customers.

Reason for selling:

Owner is looking to retire due to health concerns.

Support & Training:

Will train for 4 weeks @ no cost. Business provides custom manufactured agricultural parts and equipment, as well as repair services. Outside of ordinary state business requirements, no special licenses are required.

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Business Listed By:

Rey Gonzales

Murphy Business Brokers