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Advert Ref: 2DS901

Premier Kubota Massey Ferguson Equipment Dealer

Vermont, United States

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Details: Asking price:$900,000; Sales revenue:$6,750,000; Net profit:$267,000; Fixtures value:Undisclosed; Inventory value:$700,000

Business description: This company is one of Vermont’s largest, most respected, and longest running Farm, Forest, Sport and Trail equipment dealers. It has decades of profitable operations and consistent Gross Profit Margins with very respectable EBITDO earnings. The fundamentals of the company are strong and stable and the owners have always been able to earn a great income while living in one of Vermont’s truly beautiful regions.

Product lines include Kubota, Massey Ferguson, Husgvarna, Gehl, Land Pride, Polaris, Artic Cat – plus a long list of “shortline” manufacturers, offering a wide selection for every customer need.

In addition to an extensive previously owned inventory, the service department handles repairs both in the shop and out in the field, and generates steady income, customer loyalty, and repeat equipment sales for the company.

This business is located in a one of New England’s growth markets for outdoor equipment and it’s a business that relatively easy to learn. With decades of strong performance, a loyal customer base, and a rebounding economy – this business will continue to be strong. Plus, there is a dedicated and trained employee group, with many years of company history to rely on, so the business is perfect for someone who loves the land, and wants time and income to enjoy it.

General information: Years established:1963; Employees: 14; Real Estate: Real Property Included; Location:The 5.3-acre parcel covers both sides of the road with 420 ft of road frontage on one side of the street and 210 ft. road frontage on the other side -- creating a large visible equipment display lot. The main building is zoned for commercial and the building is in excellent condition. Generous parking for employees and customers.; Expansion potential:This company has a long history of success; and there is still significant opportunity for further growth. 1. Fresh management and sales: The owners acknowledge that they’ve “made their mark” and now the company will benefit from “hungrier” owners and sales staff. 2. Increased and more strategic marketing and advertising to expand the sales region. 3. Strategic expansion of new product lines, with increased focus on higher profit products – including sport accessories, clothing and outdoor gear. 4. Follow other related dealers’ successful entry into on-line E-commerce sales.; Competition / Market:Due to its size, history, performance and location this company enjoys a solid competitive advantage over the few relative competitors operating in the region. None of its competitors have their selection of top line products, or the scale and capability of the parts and service department. A proven performer, this company holds its market share, year after year after year.; Support & training:The current owners are willing to do whatever is necessary to insure a smooth transition, including being involved for an extended period of time. Additionally, most of the staff are very long term employee. This business can be largely run day to day by the employed staff.; Reasons for selling:Retirement.; Financing available?Seller Willing to Finance a Significant Portion of Whole Goods Inventory.