Business Category: Agriculture, Durable Goods, Industrial & Comm. Machinery, and Wholesale & Distribution Businesses
City/Region: Tri-Cities, Michigan
Cash Flow: $174,421
This agricultural equipment manufacturing and distribution business designs and builds custom field equipment, warehouse conveyors, graders, and sorters. It represents over twenty brands of short-line equipment for potato, sugar beet, pickle, and tillage equipment. The Company stocks parts for their brands, and for some competitors’ brands. They also repair their own brands and competitors’ brands of equipment.
With nearly 60 years in operation, the Company has excellent vendor relationships and an excellent reputation for its quality products and services.
The Company has high staff retention, and all of its staff are highly experienced in the agricultural industry. With this background, the staff makes high quality, efficient repairs their top priority, because any time lost on the field means further expenses for their clientele. The Company often has clients bringing in products from its competitors for services, because they know the Company will provide the best, most efficient services.
Support/Training: Ownership is willing to provide reasonable and customary transition assistance.
Reasons for Selling: Retirement
Competition/Market Pros and Cons:
Investment Highlights Include:
(1) Reputable Brands
(2) Exceptional Services
(3) Well-Established & Turnkey
Growth and Expansion Pros and Cons:
(1) Expand Equipment Offerings
(2) Hire Salesperson
(3) Branch Into New Markets.
Seller Financing Available: Yes
Seller Note: Limited seller-financing is available for qualified buyers.
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Real Estate Value: $250,000