Active
Ag & Construction Equipment, Sales, Rentals, Repair! (38040)
Equipment sales, service, & rental for construction, forestry & agricultural applications.
- New England business offers products to local ranchers, farmers, managers and more
- A streamlined team manages operations!
- Sales growth target $11.85 Million for 2024; Revenues for 2023 totaled $11,796,653 with SDE of $748,138.
- Top Five customers represent less than 10% of revenue!
- 7,900 SF with office, retail, storage & production and several acres for vehicle and equipment storage
- Will sell or lease both properties. Rent expense was $66,446 in 2023
- Professional marketing firm develops annual promotion plans, reviewed monthly to adapt to marketing trends.
- Extensive catalog of income producing assets!
- Strong marketing in service area with positive reviews.
- Involved owner flexible for standard transition or employment contract.
Listed By: Paula Kruger
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Background information
Seller Number:
38040
Year established:
1974
Reason selling:
Approaching retirement and/or pursuing other interests.
Finance
Sales:
$11,796,653
Profits:
$748,138
Profit type:
Discretionary Earnings
Operations
Employees:
11 nonunion.
Equipment:
$1,800,000
Inventory:
$6,400,000
Premises
Square footage:
7,900+/-
Rent and lease terms:
Held a tenancy of $66,446 for 2023.
Opportunities
Market:
Referral Sources.
Price and terms
Price:
$3,490,000
Financing:
Standard SBA-term financing will be negotiable for qualified buyers.
Owner Transition:
Involved seller is flexible for standard acclimation and employment contract post-purchase.