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RE:  Farm, Garden Machinery, Equipment Wholesaler Contact:  Al Lorenzen

Quick Facts

Asking Price: $2,753,000
Annual Revenue: $3,330,000
Net Profit: Not Disclosed
Cash Flow: $245,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: $700,000
Year Established: 1970
Employees: 11
BBN Listing #: 713053881
Broker Reference #: 607RH

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Business Overview:

This established agricultural service and retailer is available for purchase by an
individual buyer or as an additional location for a larger corporation.

• Fully trained staff of 10 employees intending on staying through ownership change
• Steady profits year over year
• Owned vehicles include two Diesel & four Electric Forklifts, JCB Telehandler,
Skid Loader, Semi & Trailer, Dodge Dually, Chevy Pickup Truck, and a Service Truck
• Services (revenue streams) include Farm Equipment, Small Tractor Sales, Lawn
Mower Sales, Parts Sales, Equipment Repair, Machinery Set-up, Truck Inspections, Custom Builds,
Snow Removal, and Hydraulic Hoses
• Gross Margin is typically higher than the industry average of roughly 26%
• Ag short line dealer with multiple strong lines of equipment
• Many spaces for operations including welding, manufacturing, storage, repair building, and offices
• Great longstanding reputation of 50 years serving 100-mile radius and often to other states
• Sells new products for over 40 different vendors
• Modern and well-equipped service department
• Updated solar panels generate roughly 50% of power used in operations & LED lighting in buildings
• Recently expanded service department
• Current owners willing to stay on for up to 5 years and work for new owner in management role
• Located in financially strong agricultural area of Iowa.
• Partial seller financing available.

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Property Features and Assets:

29,000 square feet facility.

Reason for Selling:

Retirement

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not homebased business opportunity.
  • This is not a franchise resale opportunity

Documents:

Relevant Links:

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