Agricultural Crop Drying System
Location Wisconsin,United States
Asking Price Range $250K - $500K
Gross Revenues $1220000
Net Profit / Cash Flow $172000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1973
Number of Employees 6 - 9
Relocatable Not Disclosed
Number of Employees 6 - 9
Real Estate Owned
Reason for Sale Retirement.
Description This family owned company provides design, installation and repair of grain dryer systems in the heart of cash crop South Central Wisconsin. The current corn and soybean markets are booming due to the growth in the use of Ethanol as an alternative fuel. Additional drying equipment is needed to process the increase in crop demand. If you like the challenge of growth here is your opportunity. The current owner is only taking select jobs within a 60 mile radius and controls his workload because he is looking to retire after over 30 years of great service and an excellent reputation in the area with over 900 clients.
The company is a certified dealer for some for the most widely recognized leading equipment manufacturers in the Grain Equipment industry. This includes their main line equipment of storage bins, dryers, pneumatic conveyors, and augers. They also represent some other well accepted lines of equipment which are attractive to the area customers. The company has carried the same brands since they began service and are well known for supplying these products in the area. The company works closely with their clients on development and location of the required equipment. They have great client retention and rely on many word of mouth recommendations as well as repeat business. Repeat clients depend on the company for expansion of their existing systems and any repair work if needed.
Office equipment and metal fabrication equipment along with all vehicles and lifts needed to take over this turn-key operation are included in the list price.
The current owner is willing to stay and work with the new owner during transition. The owner is looking to move to warmer climate, so he is willing to sell his home and outbuildings with the business, if desired, located on 4 acres of property in South Central Wisconsin. Seller financing is negotiable. Please be prepared to display the financial wherewithal to progress at this level.
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