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Business For Sale
ESTABLISHED AGRICULTURAL EQUIPMENT DEALER FOR SALE
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Asking Price: |
Not Available |
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Business for Sale Industry: |
Wholesale/Distribution: Durable Goods
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Reason for Selling:
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Retirement. |
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Yearly Revenues:
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$4,820,000 |
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Yearly EBITDA:
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$180,000 |
Business for Sale Overview:
The Company is a Midwest-based agricultural equipment dealer specializing in farm equipment sales, parts sales (over 35 lines) and full-service repair work. Over the past 40 plus years the Company has established a reputation for quality operations, customer care and service. The Company's diverse customer base includes farmers, local municipalities, landscaping companies and many others. Many of the current employees have more than 10 years of experience with the Company. These employees would be in place for a smooth transition and the likelihood of most if not all remaining is high. Financial performance has been positive for the past five calendar years. 2007 was the strongest year in terms of revenue and profitability during that time period.
Property Features and Assets:
The Company operates from a 7,500 square foot facility that is centrally located with regard to geographic territory covered. The facility is available for inclusion in a potential sale transaction.
Market Competition and Expansion:
The Company is an authorized representative of many nationally recognized OEMs. It maintains contracts for exclusive representation of a number of these OEMs within the state of Michigan. Therefore competition for most of what the company sells is limited within Michigan. The Agricultural market in Michigan is one of the bright spots for the state's economy. Opportunity to add more lines or more vigorously pursue sales of exclusive lines.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- The owner may be willing to work for the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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