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Agricultural Equipment Manufacturing Company with Real Estate for sale in Bay County, MI

Bay County, Michigan (MI)

Asking Price: Gross: Cash Flow:
$ 690,000 $ 1,689,543 $ 174,421

Inventory Value:
$ 381,000 (included in the asking price)

Real Estate:
$ 350,000 (included in the asking price)

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.

Thank you for reading this overview. The extent of the information that we are publicly permitted to reveal about this opportunity is contained in this overview. Please submit your contact information in the provided form. We have automated the processing of non-disclosure agreements (NDAs) and sending of information for speed and efficiency.

You will be sent a link to our online NDA. IF YOU DO NOT RECEIVE THE NDA LINK, PLEASE CHECK YOUR JUNK MAIL. If the NDA email cannot be found, please email [email protected] and request a PDF version.

Once we receive your NDA, the Confidential Business Review (CBR) will be sent to you. They will be happy to correspond and answer your questions directly. Thank you for your time!

 

   
Year Business was Established: 1962
   
Number of Employees: 6  
   
Facilities / Terms of Lease:
12,430 square foot facility on apprx. 3.39 acres (included in asking price).
 
   
Potential Growth/Expansion:
(1) Expand Equipment Offerings
(2) Hire Salesperson
(3) Branch Into New Markets
 
   
Competition:
Investment Highlights Include:
(1) Reputable Brands
(2) Custom Manufacturing
(3) Well-Established & Turnkey
 
   
Owner willing to finance: Limited seller-financing is available for qualified buyers.  
   
Owner willing to train: Ownership is willing to provide reasonable and customary transition assistance.  
   
Reason for selling: Retirement  
   
Seller Reference Number: 727
BusinessMart.com Listing Number: 273278
 

 

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For more info contact:

Matt Baas

Small Business Deal Advisors, LLC
844.889.7232

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