Livestock Auctioneer Extraordinary Growth & Market Dominator! (37913)
| Asking Price: | $10,300,000 |
| Gross Revenue: | $5,037,400 |
| Real Estate: | $2,900,000 |
| Cash Flow: | $2,092,379 |
| FF&E: | $707,613 |
| Established Year: | 1990 |
Sited in North Central Missouri, business specializes in the cattle auctioning of feeder calves, sized cows, slaughter breeds and bulls through supply partners that provide livestock via consignment for the highest bidders. Thanks to high reviews and years of ongoing reputations, Revenues have grown from $3.2M in 2021 to $5M in 2023! 2023 Revenues were $5,037,400 with discretionary earnings of $2,092,379. The growth will continue with 2024 targeting $6,410,000 with $2.75M SDE! The forty-acre property has approximately 100,000 square feet of operational facilities, including an auction building with new cattle pens to segregate each consignment, office rooms, and a quality restaurant. Included in the asking price, real estate is an excellent location primed for efficiency, with overhauled sections, roof spaces, concrete pads and fresh gating, plus a renovated barn with updated lighting. Given the land’s zoning for county use and flexibility to handle extra capacity, potentials exist in taking business to the next level, such as strategic expansions in services and online engagement to maximize client reach. Marketing includes a maintained website, continuous print ad program with agricultural newspapers, and backed verbal referrals from a large & recurring customer base. Experienced personnel of 93 nonunion employees and contract laborers are most likely to remain post-sale and continue highly involved functions after an owner transition of up to three years.
