Feed & Animal Supply Company
Location Massachusetts,United States
Asking Price Range $2.5M - $5.0M
Gross Revenues $3547637
Net Profit / Cash Flow $290003
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1979
Number of Employees 10 - 19
Inventory 430000
Relocatable No
Number of Employees 10 - 19
Real Estate Owned
Reason for Sale Retirement.
Description This highly profitable business in the Massachusetts South Shores is comprised of two retail feed and grain retail outlets. Its product lines include: bagged livestock and feeds and supplies for poultry, equine, dogs, cats, wild birds and caged birds. To encourage ''one-stop shopping'' for homeowners, both locations offer multiple lines of fertilizer, bagged grass seed and chemicals for lawns, gardens and households, as well as hand tools, sprayers, spreaders, soils, mulches and fencing supplies. The recent expansion of the equine tack, equestrian clothing and gift areas has been well received by customers. In addition to having a thriving walk-in trade, the business offers delivery service from both locations with a fleet of delivery vehicles. It is actively involved in municipal and state contracts for animal feed, bedding and supplies. The business has an unprecedented number of repeat customers, who return for the knowledgeable employees, competitive pricing, great locations and quality product lines.
The owners have been in the feed/grain retail business since 1979 and have developed a reputation of being fair and honest with both customers and vendors. The business is profitable, has a large market share in place and has the potential to develop even more with the current locations and the area's growing population.
The owners also are selling the main business location, a 9,156-sq-ft building on nearly 1.7 acres on a state highway. The site was renovated in 2000 and designed to accommodate heavy customer traffic with ample parking and convenient loading. The site also contains a warehouse and a large detached storage barn with several storage trailers and ground level steel containers. The business also operates out of a second location, a leased 7,225-sq-ft building on a county road in a nearby town. One of the sellers is willing to stay on after the business sale for up to 120 days to facilitate a smooth transition.
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