Farm & Light Industrial Equipment
Location: Texas
Industry: Machinery > Industr. Mach. Dealers and Distrib.
Financials
Asking Price: $2,950,000
Gross Revenue: $14,150,000
Gross Revenue Comments: Last Full Year
Cash Flow: $287,000
Cash Flow Comments: Last Full Year
Inventory: $1,982,000 (Included in Asking Price)
FF&E: $739,000 (Included in Asking Price)
Seller Financing: Seller financing to be negotiated
Business Summary
Farm and light industrial equipment dealer, established for over 40 years, selling one of the premier brands of tractors from multiple locations.
About the Business
Year Established: 1965
Employees: 28 full time -
Facilities: The business operates out of a primary facility comprising 26,000 square feet, well situated and suitable for current operations and future expansion. The secondary location is a 10,000 square foot facility, well located, with excellent visibility. Both locations are leased from the owner.
Market Outlook and Competition: The Company sells one of the premier brands of farm equipment, complemented by a full line of excellent brands of light industrial equipment. The Company is well established, and the growth of the Central Texas population is expected to continue, driving sales growth along with additional market penetration. The Company experienced dramatic sales growth from 2006 to 2007 of 24%, and with the job growth in Central Texas, expects continued strong sales growth in the future. There are additional markets that could be tapped with a new owner.
About the Sale
Management Training and Support: Seller to provide 30 days consulting for transition at no charge, and additional consulting as needed.
Reason For Selling: Seller to retire

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Listing Tools
BizQuest ID:894943
Seller ID:08005
Business Listed By
Name:Lawrence Schumann, CBI, M&AMI, Managing Director
Company:Corporate Investment
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