Bulk Feed & Grain Storage Services
Location Iowa,United States
Asking Price Range $2.5M - $5.0M
Gross Revenues $7300000
Net Profit / Cash Flow $897790
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1930
Number of Employees 6 - 9
Inventory $552000 equipment. $600k property.
Relocatable No
Number of Employees 6 - 9
Real Estate Owned
Training Key employees will most likely not stay on after the sale. The owners will be available for a reasonable transitioning period. All equipment, vehicles and property is included in the sale.
Description In this listing we describe a quality animal feed company in the heart Iowa's corn belt. They are a major grain buyer in the area, selecting quality grains for resale to farmers in the state. Their products additionally include a variety of high-caliber feeds for swine, cattle, poultry and sheep, available in bulk and at competitive retail prices. They also offer corn drying and grain storage services, making the company a multifaceted asset to this agricultural community. For years this company has been serving its community with integrity and reliability, and it will continue to do so for years to come.
This business was first established in 1930 and has thrived throughout the continuous rise and fall of the economy. With decades of service, the business has earned the strongly rooted reputation it holds and generations of return customers. Providing essential products, needed even in recession times, this business continues to grow and improve the quality of its products and services. The current owner is selling in order to retire and would like the sell the business to a qualified buyer with interest in this industry. This business is very profitable and, considering the enormous growth potential, is a promising investment for a new owner. For more details on this listing, please contact our offices today!
The business currently operates out of a location with two buildings owned by the business. The buildings, 3200 sq ft and 3780 sq ft, are in good condition and are in front of a highly trafficked city street. The facilities are included in the sale and offer room for expansion.
Taking advantage of some of the land available in the area for constructing additional grain bins would prove profitable for this business. With 99% return rate, The industry is competitive in this area, and this business's services are chosen by farmers in the area for several reasons.
Asking $2,800,000 Property, & Equipment Included. Financing might be considered.
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