Business Summary:
The Company is a full-service agricultural chemical, fertilizer, and custom application business. Revenue is generated from chemcial sales (40%), fertilizer sales (38%), custom application of chemicals and fertilizers (14%), freight services (5%), feed (2%), and seed (1%) sales. The Company provides both ground and aerial application of chemcial and fertilizers with GPS accuracy. Chemicals are mixed and fertilizers custom blended according to customers' needs. To offset seasonality, the Company sells livestock feed and nutrition products and offers freight services. Facilities include 37,000 total square feet in multiple buildings and locations, seven bulk tanks with centralized plumbing and an automated tank monitoring system, as well as a 70-foot truck scale used for weighing fertilizer. The Company serves approximately 300 accounts consisting of farmers and ranchers (90% of sales), grain brokers (5%), and agricultural wholesalers and retailers (5%) throughout Colorado and Kansas.
- 20+ years providing reliable expertise, a variety of products, and quality work
- 300 active accounts generate 90% repeat business annually
- Over 90,000 acres in chemical and fertilizer application services in 2006
- All application equipment equipped with GPS
- Fair market value of machinery and equipment valued at $1.5+ million
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