Primary Category:Other Agriculture Businesses for Sale
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.
Financial Information
$3,000,000
Asking Price
$600,000
Cash Flow
$26,000,000
Gross Revenue
Yes
Financing
Business Location
City:
Central Illinois
State:Illinois
Financing Comments
Seller is willing to seller finance a portion
Reason for Sale
Retiring , move to only operating the large farm nearby vs both the elevator, and the farm.
Detailed information
Year Established:1961
Home Based:No
Franchise:No
Relocatable:No
Lender Prequalified:No
SBA Prequalified:No
Full-Time Employees: 1
Part-Time Employees:1
Contractors:N/A
Owner Worked Hours/w:40
Adjusted EBITDA:
$600,000
Inventory Included: No
Inventory Value:
Negotiable
Monthly Rent:
N/A
Real Estate Available: No
Real Estate Included: Yes
Real Estate Value:
Negotiable
FF&E Included?: Yes
FF&E Value: N/A
Training/Support
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.
Facilities
1.4 M Grain BU Capacity
Market Outlook/Competition
Minimal due to local farm vicinity to the grain elevator and trucking costs.