Primary Category:Other Agriculture Businesses for Sale
This is an opportunity to own a 40 year family business in a growing area of Colorado. This irrigation supply business has realized double digit growth since COVID and is still going strong. Strategically located in Western Colorado, between Grand Junction and Fruita on the Highway 6&50 frontage road, the Business has great visibility on a 4.5-acre corner lot. Along with over 40 years in business, the company has earned a stellar reputation among its loyal clientele. The company serves local homeowners, farmers, and businesses, regardless of size, with their sprinkler system and irrigation supply needs.
Inventory levels are kept current and relevant. Salable inventory fluctuates however, inventory is always kept at a maximum for the season.
Business hours are Monday through Saturday from 8 to 5 during peak season.
With its clean financial history and tax returns, this business is an excellent candidate for SBA financing (in particular with the real estate purchase).
The Optional Real Estate was appraised at at $1,650,000 in June, 2021.
Financial Information
$600,000
Asking Price
$535,000
Cash Flow
$1,950,000
Gross Revenue
N/A
Down Payment
Yes
Financing
Business Location
City:
Fruita
State:Colorado
Financing Comments
Seller will consider financing on a case by case basis.
Reason for Sale
Sellers are retiring from the business.
Detailed information
Year Established:1979
Home Based:No
Franchise:No
Relocatable:No
Lender Prequalified:No
SBA Prequalified:No
Full-Time Employees: 3
Part-Time Employees:N/A
Contractors:N/A
Owner Worked Hours/w:N/A
Adjusted EBITDA:
N/A
Inventory Included: No
Inventory Value:
$630,000
Monthly Rent:
N/A
Real Estate Available: Yes
Real Estate Included: No
Real Estate Value:
$1,650,000
Building Size: 8500
FF&E Included?: Yes
FF&E Value: $50,000
Training/Support
This multi generational business this company is now managed by the three Oest Brothers. The owners will stay on after the sale for training to ensure a smooth transition for as long as necessary.
Facilities
The Business occupies a large building with expansive retail space and loads of inventory in the warehouse. The building also houses a large workshop and service center, fitted with equipment and tools needed to custom fabricate irrigation pipe,along with substantial inventory. Sellers prefer to sell the Real Estate and Business together. The Sellers would also consider selling the Business only, and leasing the real estate.
Additionally, the 24 acre parcel of land located adjacent to the west of the Business, is also for sale and can be combined
Market Outlook/Competition
A former competitor was located nearby, but closed its Fruita location a few years ago. The Business maintains a loyal customer base, including businesses, local farmers, and homeowners.
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