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Agricultural Equipment Manufacturing & Distribution Company – Outside Saginaw and Bay City

Michigan, USA
Updated 1 day ago

This agricultural equipment manufacturing and distribution business provides retail and custom-built field equipment, warehouse conveyors, graders, and sorters. The Company represents over twenty brands of short line equipment for potato, sugar beet, pickle, and tillage equipment. With nearly 60 years in operation, the Company has an excellent reputation for their quality products and services, and strong vendor relationships. The Company has high staff retention, and all staff are highly experienced in the agricultural industry. With this background, the staff makes high-quality, efficient repairs their top priority, because time lost on the field translates to lost revenue for their customers. Parts and Repairs comprise about 35% of the Company’s revenue; the Company repairs their own brands as well as competitors’ brands of equipment. Clients often bring in competitors’ products for repair because they know the Company will provide the best, most efficient services. The Company stocks parts for their brands, as well as competitors’ brands. Ownership is nearing retirement and would like to sell the business to a buyer that will continue to build on its strong manufacturing and sales base. Ownership believes all the staff would remain long-term with the business. Ownership is motivated to sell and looking for offers. The asking price includes the real estate, valued around $350,000.

Number Of Employees

6

Investment Highlights

(1) Reputable Brands (2) Exceptional Services (3) Well-Established & Turn-key

Real Estate Available

12,430 square foot facility on apprx. 3.39 acres for Sale (Included in Asking Price).

Opportunities For Growth

(1) Expand Equipment Offerings (2) Hire Salesperson (3) Branch Into New Markets

Reason for Selling

Retirement

Financials

Asking Price
$650K
RevenueMost Recent Year
$870K
EarningsLast Reported
Undisclosed
Assets Value
Undisclosed
Seller Financing
Not available

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