Profitable Feed Store

Not Disclosed, IA

Not Disclosed.

Asking Price: Annual Revenue:
$189,000 $924,649

Retail: Non-classifiable

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RE: Profitable Feed Store Broker: Michael Rooney
Owner Financing is Available!
$50,000 down/$139,000 over 84 mos. @ 8%

Quick Facts

Asking Price: $189,000
Annual Revenue: $924,649
Net Profit: Not Disclosed
Cash Flow: $59,627
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: $162,186
Year Established: 1920
Employees: 3
BBN Listing #: 77084955
Broker Reference #: 5003-14603

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Business Overview:

This Feed Store has been servicing the trade area since 1922. The seller has owned the business since 1992 and has developed a very loyal following. Seller serves the independent farmers and hobby farm with custom ground feed and bulk and bag proteins. Included in the sale is the Real Estate, building, $5k of inventory and all equipment.

With a $50k down payment, seller will finance balance for 84 months at an 8% interest rate.

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Property Features and Assets:

The building is an 8400 square foot build with a mill and mixers along with 8 bulk bins. There is plenty of warehouse space an office and show room along with a covered loading area. Total Assets: $167,186

Market Competition and Expansion:

The industry has moved to very large feed dealers that only serve large customers. The movement in the industry has opened up a very unique opportunity for a smaller custom feed mill with delivery capabilities. The company would benefit from an owner or sales person calling on customers and asking for their orders. Developing a web site and using social media would be a plus for the business.

Reason for Selling:

Owner is Retiring.

Additional Details:

  • The property is leased.
  • 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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