Business Summary:
This agricultural equipment manufacturing and distribution business provides retail and custom-built field equipment, warehouse conveyors, graders, and sorters. The Company represents over twenty brands of short line equipment for potato, sugar beet, pickle, and tillage equipment.
With nearly 60 years in operation, the Company has an excellent reputation for their quality products and services, and strong vendor relationships.
The Company has high staff retention, and all staff are highly experienced in the agricultural industry. With this background, the staff makes high-quality, efficient repairs their top priority, because time lost on the field translates to lost revenue for their customers. Parts and Repairs comprise about 35% of the Company’s revenue; the Company repairs their own brands as well as competitors’ brands of equipment. Clients often bring in competitors’ products for repair because they know the Company will provide the best, most efficient services. The Company stocks parts for their brands, as well as competitors’ brands.
Ownership is nearing retirement and would like to sell the business to a buyer that will continue to build on its strong manufacturing and sales base. Ownership believes all the staff would remain long-term with the business.
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