Grain Elevator Business Operation / Real Estate - 1.4M Grain Capacity

Illinois

Seller Financing Available

Grain
Asking Price:$3,000,000
EBITDA:$600,000
Gross Revenue:$26,000,000
Established Year:1961
BUSINESS DESCRIPTION

A family-owned grain elevator, that has been serving the local agricultural community since 1961. The grain elevator has capacity of 1.4M BU , serving multiple farming customers within the central Illinois area. The grain elevator does sit on a railroad, and the new owner would have ability to build out rail transport as a growth opportunity.


DETAILED INFORMATION
Location
Illinois
Inventory
Not Included in asking price
Real Estate
Owned
Included in asking price
Employees
2
Facilities
Grain Elevators with 1.4M BU storage capacity
Competition
Minimal due to local farm vicinity to the grain elevator and trucking costs.
Growth & Expansion
Grain Elevator real estate sits on a railway that new owner could build out an attachment to the rail system in the future to be able to allow for rail transport.
Financing
Seller is willing to seller finance a portion
Support & Training
Seller is willing to support the new owner during transition. Also the office space seller is wiling to share long term as the farm operation runs out of the same office.
Reason for Selling
Retiring , move to only operating the large farm nearby vs both the elevator, an
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Darin & Dana
Kinsolving
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Darin & Dana Kinsolving