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Business For Sale
SEED CONDITIONING FACILITY
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Asking Price: |
$3,500,000
USD USA Dollars
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Business for Sale Industry: |
Wholesale/Distribution: Non-Durable
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Reason for Selling:
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Retirement |
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Year Established:
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1964 |
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# of Employees:
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10 |
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Yearly Revenues:
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$5,948,409 |
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Yearly EBITDA:
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$447,039 |
Business for Sale Overview:
This seed conditioning facility in northeastern South Dakota is the largest of its type in the region, gaining its client base by offering competitive prices, good customer service and quality seeds. The business has been cleaning, conditioning and selling various types of seeds for more than 40 years throughout the country. About 95 percent of its customers return because of the facility’s friendly, hard-working and knowledgeable employees and quality products. The owners are willing to remain with the company for as long needed for a smooth transaction and have ideas for the new owner on expanding the business, by adding an on-road salesperson and doing more advertising
Property Features and Assets:
The business owns 2 acres with a warehouse facility, which is 125 ft. by 200 ft. and has another section that is 100 ft. by 100 ft., that includes offices and a separate 600,000-bushel grain storage bin. The business, not owner, owns the property.
Market Competition and Expansion:
Competition comes from a few small seed dealers in surrounding towns and then other ones nationally. No other facilities in the region are as large or produce as many types or the quantity of seeds. What sets the facility apart is that it has been operating in the area longer than most of the others, for 40 years, offers a wider variety of products and has a high production rate. It is a large, efficient facility and the workers have years of experience. Three things that distinguish the company from its competition are employees with many years of knowledge and experience, competitive prices and excellent customer service.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- The owner is not 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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