Quality Irrigation Equipment Manufacturer with Real Estate & Inventory Included

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Manufacturing Businesses for Sale

  • Primary Category: Electronic & Electrical Equipment Businesses for Sale

This company manufactures their own line of products for the agriculture industry including irrigations systems and pumps. They have been established many many years and is second generation owned. 145,000 SF facility.

They sell to their own dealer network east of the Mississippi and have a strong replacement parts business and build completed units to order. Owner prefers to stay employed in sales roles. Sales in the past 10 years have ranged from $5 Million to $8 Million. 25% margins on products and about 100% on parts replacements. Many hard assets help support the price, but the business needs to be grown back to the $7M or more range as the owner has become complacent and not been pushing sales or visiting customers of late.

Real estate accounts for half of the asking price and almost $2 Million in inventory. Principals Only. No Buyer Reps and No Buy Side Brokers - No Exceptions. Buyers need to sign a Confidentiality Agreement before receiving additional information. Bill Law cell 704-904-6624 [email protected]

Financial Information

  • $5,500,000 Asking Price
  • On request Cash Flow
  • $5,030,912 Gross Revenue
  • N/A Down Payment
  • N/A Adjusted EBITDA

Business Location

  • City: Tallahassee
  • State: Florida

Reason for Sale

  • Retirement

Detailed information

  • Year Established: 1969
  • Home Based: No
  • Franchise: No
  • Relocatable: No
  • Lender Prequalified: No
  • SBA Prequalified: No
  • Full-Time Employees: 25
  • Part-Time Employees: N/A
  • Contractors: N/A
  • Owner Worked Hours/w: N/A
  • Inventory Included: Yes
  • Inventory Value: $1,762,933
  • Monthly Rent: N/A
  • Real Estate Available: Yes
  • Real Estate Included: Yes
  • Real Estate Value: $2,500,000
  • Building Size: 146000
  • FF&E Included?: Yes
  • FF&E Value: $350,000

Training/Support

  • Seller will negotiate a transition period

Facilities

  • Facilities include large over head cranes, welding stations, paint booth.
Business Listed by
image of Hunter Law
Hunter Law
Sunbelt of Charlotte
Email Hunter
Show Phone Number
Listing ID
CHARLNC001-58286

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