Agriculture Mechanical Service With Real Estate

Fort Morgan, CO
Morgan County


Asking Price: Annual Revenue:
$650,000 $988,133

Services: Non-classifiable


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RE: Agriculture Mechanical Service With Real Estate Broker: Bill Scott
License #: ER.100049495

Quick Facts

Asking Price: $650,000
Annual Revenue: $988,133
Net Profit: Not Disclosed
Cash Flow: $245,445
Total Debt: Not Disclosed
FF&E: $55,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 5
BBN Listing #: 136510489
Broker Reference #: 1874

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Business Overview:

This is a Family-Owned, recession-proof, 18 year-old business with loyal clients and seasoned employees. Steady growth of 10% YOY with very consistent adjusted net profit margin of 25%. It is located in Fort Morgan, Colorado, about 1 hour from Denver International Airport (DIA) – an easy commute with little traffic. This is honest, blue-collar work with long-term relationships with staff and customers. Fort Morgan is wide open God’s country where 4H rules, people still shake hands and wave at each other. Buyer only needs basic mechanical skills and appreciation for Agriculture.

From one well positioned facility, the Company serves clients from many western states. Clients bring their equipment to the shop. If growth is desired, additional services can be added. To ensure confidentiality, the identity of the Company and specific nature of the business may only be shared upon discussion with Broker. Local SBA Lender has pre-approved the business and real estate with 10-15% down payment, subject to Buyer qualifications.

The Company enjoys a superior reputation with long-term customer relationships. The Company is a family-owned and operated business with 18 years of equity in the marketplace. The Company estimates that 90%+ of sales are derived from repeat customers, and its services are highly recommended by key vendors and often by competitors.

Loyal, Seasoned Staff. Employees are well trained and loyal, and they can perform their work without constant supervision.

Owner’s Duties: Customer Interaction, Order Materials, Oversee Production Schedule, and Modest Accounting. Much of this can be done remotely if Buyer desires to live closer to Denver and only commute a few days each week to maintain relationships.

Real Estate. Purchase of the facility is not required to purchase the business, although it is highly recommended, since it was designed specifically for this purpose and has room for expansion. If the facility is not purchased, a long-term lease will be provided and the building may be sold to investors who will honor the lease.

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Reason for Selling:

Retirement

Additional Details:

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

Relevant Links:

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