Business For Sale

Ag Equipment Sales

Not Disclosed, IA


Asking Price: Annual Revenue:
$1,750,000 $1,910,271

Retail: Non-classifiable


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RE: Ag Equipment Sales Broker: Kelly Lorenzen

Quick Facts

Asking Price: $1,750,000
Annual Revenue: $1,910,271
Net Profit: $251,227
Cash Flow: $348,209
Total Debt: Not Disclosed
FF&E: $820,000
Real Estate: Not Disclosed
Year Established: 1981
Employees: 9
BBN Listing #: 208953881
Broker Reference #: 8631RH

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Business Overview:

Strong Sales in weak economy!

This family owned business has experienced very strong sales in 2018 due to a history of fair pricing and great service. The company is known in Iowa and surrounding states for providing one type of special Ag equipment from several of the leading manufacturers. This company is profitable in good times and bad because of their service department and willingness to do whatever it takes to solve the customer’s problem.

The owners will provide extensive training to see that the new owner can continue the history of success they have enjoyed.

2017 Revenue $1,910,271
Recast Net Income - Three year weighted average: $462,220

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Property Features and Assets:

Owners will sell or lease the owned real estate.

Market Competition and Expansion:

Market Opportunities • Add sales person to grow sales • Update website and add social media marketing • Add other products from supplier

Reason for Selling:

Retiring

Additional Details:

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

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