For Sale! Midwest Ag Manufacturing

Sep 16, 2022 9:44 pm

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We are really excited about this company! We've worked with them for nearly three years now and they've decided it's time to put their business on the market. It's begun a huge growth cycle that has at least a few years left of strong, dynamic growth.


This company has been pre-qualified by a local bank for SBA financing, and there is a nice chunk of prime real estate included! We don't expect this listing to last long.


More Information, Please!


Wholesale Seed Processor

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Asking Price:$2,500,000

Cash Flow:$ 650,599

Gross Revenue:$2,315,000

FF&E:$ 401,909 (Included)

Inventory:$1,195,865 (Included)

Real Estate:$ 900,000 (Included)

Employees:8


The 40-year-old company produces custom agricultural products. These metal products are state-of-the-art and known for their strength and utility. The business operates a modern machine shop. The name is known across the Midwest. The owner is willing to stay on as an engineering and design consultant for a year or more if needed.

 

Facilities

New equipment has been purchased over the last couple years. Shop is fully air-conditioned with a security system inside and out. Currently at 70% capacity and could take on more work if labor was available.

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Competition/Industry

There is no true competition in the area making a similar product of the same quality. Further, there are several aspects of the products being produced that are proprietary and completely customized for the end-user.

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Sales & Marketing

This business has the ability to expand if a larger sales team would be put in place with expansion available onsite. 


Potential for Growth

The Company is also a distributor for several brands in the industry. A proficient sales team could grow this aspect of the business without having to employ more manufacturing labor.


Reason for Selling

Retirement. The owner is willing to stay on for a year + if needed.


More Information, Please!


As always, I'm looking forward to hearing from you soon!


Happy Friday,

Josh


--

JOSH GRODE WOLTERS, MA, MBA, B​​TS

 Business Broker | M&A Advisor 

   · $23M closed transactions ·

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Sioux Falls • Rapid City • Des Moines

2121 W 63rd Pl, Suite 100

Sioux Falls, SD 57108

 

j.grode@murphybusiness.com

(605) 951-9555


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