Wholesale Seed Processor

Not Disclosed, SD

Midwest


Asking Price: Annual Revenue:
$2,500,000 $3,135,389

Wholesale/Distribution: Non-Durable Goods


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RE: Wholesale Seed Processor Broker: Josh Grode Wolters
Owner Financing is Available!
$125,000 down/$250,000 over 120 months. @ 7%/Other Financing.

Quick Facts

Asking Price: $2,500,000
Annual Revenue: $3,135,389
Net Profit: Not Disclosed
Cash Flow: $366,488
Total Debt: Not Disclosed
FF&E: $251,643
Real Estate: $1,000,000
Year Established: 2000
Employees: 2
BBN Listing #: 30154955
Broker Reference #: 5401-17234

Email or Print Listing

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Business Overview:

This long time, successful wholesale seed processing and distribution company is located in South Dakota. For over a century, this business has been a State Certified seed processing facility. This business has two full time employees, and the owner/manager has operated it for over twenty years of continued success. Possible expansion onsite, years of stability, and abundant opportunities for business growth make this a great opportunity.

The Company buys bulk grain from farmers and other grain dealers in the area, cleans and bags the grain and resells it across the upper Midwest, primarily to other wholesale seed dealers. The Company deals in Sunflowers, Wheat, Oats, Milo, Rye, Barley, Millet, Safflower and Triticale. The facility is very well maintained, has excess bushel capacity, numerous types of grain bins, grain dryers, grain cleaning equipment, and delivery trucks. Besides the main grain elevator, the facility has over 40,000 square feet of warehouse space and a 1,200 square foot outside storage building.

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Property Features and Assets:

The seed processing and storage facility and elevator has a storage capacity of over 150,000 bushels, 40,000+ square feet of warehouse space, and a large office on 3.3 acres. Assets = $1,551,643

Market Competition and Expansion:

Light competition makes the business available for growth and expansion in its industry. It is very well established in the industry and community. It enjoys strong customer relationships, has an excellent reputation, and a stable, long-term client base. A larger sales team could drive growth. There is room to grow, but labor is a bottleneck. There are currently some crops/seeds that aren’t being processed, growing offerings to farmers as the supplier and customer could develop more markets. Capacity is currently underutilized. The Seller would be willing to stay on in a management role if the buyer so desired for +/- a year.

Reason for Selling:

Retirement.

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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