Irrgation Contractor
Location Texas,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $481880
Net Profit / Cash Flow $129010
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2000
Number of Employees 10 - 19
Inventory 685000
Relocatable No
Number of Employees 10 - 19
Real Estate Owned
Reason for Sale Other business interests.
Description This strong customer-based business is located centrally between Lubbock, Texas, Amarillo, Texas, and Clovis N.M. in the western region of the Texas Panhandle. It is a strong business, offering services and supplies in a county where there is little competition. The business is thriving and has the potential to grow dramatically due to much recent activity in the dairy and feedlot industry in the county and surrounding areas. The business offers a variety of services that are not limited to, but do include: sales, installation, repairs, and maintenance of water and gas pipelines, trenching, backhoe, blade with road building services, welding services, drip irrigation, irrigation leak repair, residential and commercial sprinklers, misters, ditch and lagoon cleaning, heavy hauling, and equipment moving.
Within 25 miles of this business is an area known as the ''Feedlot Capitol of the World''. This business also supports a farming community with about 80 percent of its customers being repeat customers that return for high quality work and fair prices. Government programs also support a portion of the sales to farming customers, paying the farmer up to 50 percent of job costs. A real plus to this business is that the customer must drive 25-90 miles to obtain parts, if not purchased at this locally operated business. Special orders for parts are taken regularly with delivery usually being within a few days. It is possible to keep inventory at a minimum and order items as needed.
Along with the business, the owner is selling 9 acres, which is located on a state highway with a railroad spur adjacent to the property. It includes a 4,000-sq-ft building with scales, a large office area, and warehouse. The property also has a 1,700-sq-ft shop and two storage facilities.
This business's drip irrigation and general irrigation services are currently in high demand. The business is located in a great area, with good weather.
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