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25888 FL-73 - Master Farm Supply

12 Acres of Industrial Land Offered at $8,000,000 in Altha, FL 32421

Investment Highlights

  • There are great margins for profitability due to the low cost for the parts decades, and a shelf time for a lifetime unless defective.
  • Average HH Income within a 5 mile radius, $62,526.

Executive Summary

The Masters Farm Supply Store sells LS tractors and various international and domestic farm supply products for over 50 years! That sounds like a well-established business! LS tractors are known for their reliability, and Masters Farm Supply offers a range of international and domestic farm supply products must cater to a wide range of needs for farmers.
There is approximately $5 million in accountable inventory and there are several millions of unaccounted inventory comes with the sale. There are great margins for profitability due to the low cost for the parts decades, and a shelf time for a lifetime unless defective.
Having such a substantial amount of accountable inventory, along with additional inventory not listed, speaks to the scale of operations at The Master's Farm Supply Store. The long shelf life of the parts, combined with great margins, sounds like a solid recipe for profitability over the decades. It's evident that the store has been successful in catering to the needs of farmers and
maintaining a strong inventory management system. The business has zero market presence and does not conduct any advertising online, although there is a website with contact information and location, period. The plot of land is on 12 acres with a warehouse that is 30,000 square feet with additional storage buildings, period.The low-cost parts allow the business to sell for affordable prices to their customers. It is a family-owned business, whom put the customers first for over 50 years. They have domestic and international parts, even those hard-to-find parts, accompanied by two AC units and two deep wells. It's impressive how The Master's Farm Supply Store has thrived for over 50 years without relying on online advertising nor sales. Their focus on customer satisfaction and offering affordable prices due to low-cost parts has undoubtedly contributed to their success. The extensive inventory, including hard-to-find parts, demonstrates their commitment to meeting the diverse needs of farmers. Having a family-owned ethos adds a personal touch that likely resonates with their loyal customer base. The infrastructure, including the spacious warehouse and additional storage buildings and reflects their capacity to serve their customers effectively.

Attachments

Altha, FL

Property Facts

Price $8,000,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Industrial
Proposed Use
Industrial
  • Retail
  • Auto Repair
  • Retail Warehouse
  • Warehouse
Total Lot Size 12.00 AC

1 Lot Available

Lot

Price $8,000,000
Price Per AC $666,667
Lot Size 12.00 AC

12 acres with a 30,000 sf warehouse for storage, retail store front, detached workshop and diesel mechanical shop

Description

There is approximately $5 million in accountable inventory and several millions dollars worth of inventory that is owned but there are several millions of unaccounted inventory comes with the sale. There are great margins for profitability due to the low cost for the parts decades, and a shelf time for a lifetime unless defective. • Diesel Mechanic Shop: This is where you offer services related to diesel engines. It could include repairs, maintenance, diagnostics, and possibly even customizations for diesel vehicles and equipment. This aspect of your business likely requires skilled mechanics and specialized equipment. • Warehouse for Storage: The warehouse serves as a storage facility for your inventory, both for the retail section and potentially for raw materials used in manufacturing. • Retail Storefront Sections: This is where you sell various products related to diesel engines, automotive parts, tools, and possibly other related items. It's the front-facing part of your business where customers can browse and make purchases. • Detached Workshop for Hose Manufacturing: This is a specialized area where you manufacture rubber hoses. This could involve processes such as extrusion, cutting, assembly, and quality control to produce hoses that meet certain standards. Since you mentioned generating high-profit hoses from scratch, it suggests that these hoses might be specialized or custom-made for specific purposes, possibly for industrial or automotive applications.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
25-2N-10-0000-0023-0000
Land Assessment
$40,550
Improvements Assessment
$23,931
Total Assessment
$64,481
  • Listing ID: 31693507

  • Date on Market: 5/3/2024

  • Last Updated:

  • Address: 25888 FL-73, Altha, FL 32421

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