Agricultural Fertilizer & Chemical Application
| Asking Price: | $9,800,000 |
| Inventory: | $500,000 |
| FF&E: | $1,937,000 |
| Established Year: | 1960 |
| Gross Revenue: | $9,131,000 |
| EBITDA: | $1,011,000 |
| Real Estate: | $3,725,000 |
This is a well-established 60 year-old & primarily a family-owned company applying fertilizer and chemicals to agricultural croplands - servicing a very loyal customer base. The company operates from its owned buildings that provides bulk, dry storage for its inventory of fertilizers and chemicals, along with facilities for liquid fertilizer. With its array of specialized equipment the company can apply fertilizer and spray crops quicker than its competition. The company currently employs 15+ personnel - including a mixture of seasoned and younger people, especially, those that are trained to operate the specialty sprayers and applicators. The company is located on an operating railroad line, which allows it to have its own rail siding and receive bulk railcars for inventory delivery, which is more efficient, as well as, more cost effective for freight costs.
With the recent loss of a local major competitor leaving the area, the company is poised to capture more market share and more acreage. Therefore, long-term growth potential is excellent. This company also maintains good margins. The combination of the facility, equipment, personnel, and margins bodes well for future operations.
Some of the company's owned buildings are located on railroad land, which is leased from the railroad.
This company is a C corporation, and it is expected that this will be a sale of shareholders’ stock to the Buyer.
