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Agricultural Mill and Farm Supply Store for sale in VA

Virginia (VA)

Asking Price: Gross: Cash Flow:
$ 1,000,000 $ 3,559,393 $ 174,283

Furniture and Fixtures Value:
$ 250,000 (included in the asking price)

Inventory Value:
$ 275,000 (included in the asking price)

Real Estate:
(not included in the asking price)

Business Summary:
They offer a diverse range of products, including nutritional supplements, vitamins, minerals, pharmaceuticals, salt blocks, grains, cattle feed, calf feed, milk replacers, hog feed, and horse feeds. Poultry feed, gamebird feed, specialized feeds for various animals such as sheep, goats, dogs, rabbits, deer, and fish are available. Additionally, they supply agricultural equipment like gates, corral systems, panels, fencing materials, batteries, posts, and poles. Poultry netting, welding wire, feed equipment, baler twine, plastic wrap, bale bags, and silo covers are also provided for convenience. Their product range extends to flour, meal, and horseshoes. Services include animal feed supply, nutritional analysis, custom feed mixing, consultation, fence building materials, and guidance on fencing construction, aiming to support animal health, farm operations, and livestock well-being.

 

   
Year Business was Established: 1958
   
Number of Employees: 4 FT/6 PT  
   
Facilities / Terms of Lease: Included in the facilities are 4 buildings: An office and showroom, a mill, a warehouse facility and a bulk station. There is also acreage around the facility that is on the market and very reasonably priced for the addition of fertilizer, liquid propane, pellet plant, etc.  
   
Potential Growth/Expansion: The company stands at the precipice of numerous growth opportunities that could catapult it into becoming a major market force in the Southwestern VA, Eastern TN, Southern WV, and Northwestern NC regions. Here are the notable advantages laid out from a third-person perspective: • Opportunity in Feed Production: The company sees a clear path to expansion in its feed production segment. By enhancing its bagging line capabilities, fortifying its labor force, and bolstering its bulk truck fleet, the company is poised to serve a wider territory. There's potential for growth even beyond its current market, with aspirations to penetrate the Shenandoah Valley, an area known for its thriving organic farming community. • Introduction of either an Ace or True Value would add an enhanced hardware store presence. • Expansion into Fertilizer Market: In the past, the company refrained from venturing into the fertilizer or garden supplies sector. This would pave the way for the company to foray into the lucrative fertilizer market. The introduction of fertilizer, garden supplies, and plants to its product line could lead to a significant boost in the company's market share. • Leveraging Land and Location for Distribution: Behind the existing infrastructure, a vast expanse of land beckons with the potential to house a state-of-the-art distribution center. This would not only augment the coverage area but also streamline distribution processes. Furthermore, the company's strategic location adjacent to a railroad amplifies its distribution capabilities, allowing the Company to cater to an even broader geographical expanse. • Showroom Enhancements and Diversification: The company is in the throes of modernizing its showroom. From incorporating credit and debit card facilities to the creation of a comprehensive online marketplace, the company is keen on broadening its digital footprint. This online platform will enable customers to place orders effortlessly, and the company can then ship its feed products to diverse geographical locales. Additionally, there's an emphasis on restoring the showroom, a historic edifice in the locality, and broadening its product line. The envisioned product expansion will not only encompass farming supplies but also branch out to include clothing. With the right infusion of capital, the company is on track to tap into a plethora of growth avenues, making its potential seem boundless and exceptionally promising. • The adjacent lot that is available for purchase would also provide for a pellet mill or perhaps liquid propane for additional profit centers.  
   
Competition: There is competition but within their primary footprint, they dominate. The closest real competitor is 10 miles away.  
   
Owner willing to train: Will train for 4 weeks @ $0 cost.  
   
Reason for selling: Owner retirement while business is still strong.  
   
Seller Reference Number: 2003-18357
BusinessMart.com Listing Number: 309000
 

 

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For more info contact:

Evelyn Correa

Murphy Business & Financial Services
727-725-7090

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