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Advert Ref: 439

Established Agricultural Implement Dealer For Sale

Details: Asking price:$1m-5m; Sales revenue:$4,820,000; Net profit:$180,000; Fixtures value:Undisclosed; Inventory value:Undisclosed

Business description: The Company is a Midwest-based agricultural equipment dealer specializing in farm equipment sales, parts sales (over 35 lines) and full-service repair work. Over the past 40 plus years the Company has established a reputation for quality operations, customer care and service. The Company's diverse customer base includes farmers, local municipalities, landscaping companies and many others. Many of the current employees have more than 10 years of experience with the Company. These employees would be in place for a smooth transition and the likelihood of most if not all remaining is high. Financial performance has been positive for the past five calendar years. 2007 was the strongest year in terms of revenue and profitability during that time period.

General information: Real Estate: Real Property Included; Lease terms:The Company operates from a 7,500 square foot facility that is centrally located with regard to geographic territory covered. The facility is available for inclusion in a potential sale transaction.; Location:Rural; Expansion potential:Add more lines or more vigorously pursue sales of exclusive lines.; Competition / Market:The Company is an authorized representative of many nationally recognized OEMs. It maintains contracts for exclusive representation of a number of these OEMs within the state of Michigan. Therefore competition for most of what the company sells is limited within Michigan. The Agricultural market in Michigan is one of the bright spots for the state's economy.; Support & training:Owner willing to assist in reasonable transition period.; Reasons for selling:Retirement; Financing available?Negotiable