Seller's Contact Information
- RE: Short-Line Dealer & Service Center
- Contact: Al Lorenzen
Quick Facts
Asking Price: | $2,753,000 | |
Annual Revenue: | $4,272,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $230,000 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | $700,000 | |
Year Established: | 1970 | |
Employees: | 10 | |
BBN Listing #: | 665853881 | |
Broker Reference #: | 607RH |
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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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:
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