Agricultural Mill And Farm Supply Store

Employees

4 FT/6 PT

Real Estate

Lease

Trading Hours

Mon-Fri 8am-5pm; Sat 8am-12pm

Premises Details

Included in the facilities are 4 buildings: An office and showroom, a mill, a warehouse facility and a bulk station. There is also acreage around the facility that is on the market and very reasonably priced for the addition of fertilizer, liquid propane, pellet plant, etc.

Years Established

66

Support & Training

Will train for 4 weeks @ $0 cost.

Expansion Potential

The company stands at the precipice of numerous growth opportunities that could catapult it into becoming a major market force in the Southwestern VA, Eastern TN, Southern WV, and Northwestern NC regions. Here are the notable advantages laid out from a third-person perspective: Opportunity in Feed Production: The company sees a clear path to expansion in its feed production segment. By enhancing its bagging line capabilities, fortifying its labor force, and bolstering its bulk truck fleet, the company is poised to serve a wider territory. There's potential for growth even beyond its current market, with aspirations to penetrate the Shenandoah Valley, an area known for its thriving organic farming community. Introduction of either an Ace or True Value would add an enhanced hardware store presence. Expansion into Fertilizer Market: In the past, the company refrained from venturing into the fertilizer or garden supplies sector. This would pave the way for the company to foray into the lucrative fertilizer market. The introduction of fertilizer, garden supplies, and plants to its product line could lead to a significant boost in the company's market share. Leveraging Land and Location for Distribution: Behind the existing infrastructure, a vast expanse of land beckons with the potential to house a state-of-the-art distribution center. This would not only augment the coverage area but also streamline distribution processes. Furthermore, the company's strategic location adjacent to a railroad amplifies its distribution capabilities, allowing the Company to cater to an even broader geographical expanse. Showroom Enhancements and Diversification: The company is in the throes of modernizing its showroom. From incorporating credit and debit card facilities to the creation of a comprehensive online marketplace, the company is keen on broadening its digital footprint. This online platform will enable customers to place orders effortlessly, and the company can then ship its feed products to diverse geographical locales. Additionally, there's an emphasis on restoring the showroom, a historic edifice in the locality, and broadening its product line. The envisioned product expansion will not only encompass farming supplies but also branch out to include clothing. With the right infusion of capital, the company is on track to tap into a plethora of growth avenues, making its potential seem boundless and exceptionally promising. • The adjacent lot that is available for purchase would also provide for a pellet mill or perhaps liquid propane for additional profit centers.

Competition / Market

There is competition but within their primary footprint, they dominate. The closest real competitor is 10 miles away.

Inventory / Stock Value

$275,000 - included in the asking price

Reason for Selling

Owner retirement while business is still strong.