Business Sales & Acquisitions
Price
$2,313,000
Location
Maine
Industry
Agriculture
Listing ID
CM8223
With 68 years in business, this turnkey business has been thriving for decades. The sellers are ready to retire, and this is your opportunity to grab the reins and take the business to the next level! The company sells new and used equipment, and services any make of equipment, even if they don’t sell it. Sales and service both fill out the balance sheet nicely. There are very well-known brand names that you would recognize. New equipment includes both agricultural and construction tractors, snowblowers, riding and zero-turn mowers, bush hogs, wheel rakes, balers, aerators, mulchers, rototillers, seed spreaders and even whole-house stand-by generators. Used equipment includes agricultural tractors, construction tractors, excavators, construction loaders and backhoes. The company is located on a busy road, just outside a larger city and has a lot of road-front exposure. The sellers will consider financing the real estate. Note: Financials are seller-provided and not audited by Inbar Group, Inc.
Real estate might be available, incidental to the sale of the business, not included in the sale price, but is also available for lease. Subject to commercial appraisal.
Retirement
Sellers will train and assist with transition.
Consider adding other small-engine product lines like power sports.
"*" indicates required fields
Price: $2,313,000
Location: Maine
Industry: Agriculture
Listing ID: CM8223
With 68 years in business, this turnkey business has been thriving for decades. The sellers are ready to retire, and this is your opportunity to grab the reins and take the business to the next level! The company sells new and used equipment, and services any make of equipment, even if they don’t sell it. Sales and service both fill out the balance sheet nicely. There are very well-known brand names that you would recognize. New equipment includes both agricultural and construction tractors, snowblowers, riding and zero-turn mowers, bush hogs, wheel rakes, balers, aerators, mulchers, rototillers, seed spreaders and even whole-house stand-by generators. Used equipment includes agricultural tractors, construction tractors, excavators, construction loaders and backhoes. The company is located on a busy road, just outside a larger city and has a lot of road-front exposure. The sellers will consider financing the real estate. Note: Financials are seller-provided and not audited by Inbar Group, Inc.
Gross Revenue: $6,611,405
Cash Flow: $925,351
Seller Financing: Yes
FFE: $178,000 (Included in price)
Inventory: $1,600,000
Real Estate $1,200,000
Terms & Conditions: Real estate might be available, incidental to the sale of the business, not included in the sale price, but is also available for lease. Subject to commercial appraisal.
Reason for Sale: Retirement
Training & Support: Sellers will train and assist with transition.
Year Established: 1956
Employees: 15 Full Time, 2 Part Time
Potential Growth: Consider adding other small-engine product lines like power sports.
"*" indicates required fields
Price
$2,313,000
Location
Maine
Industry
Agriculture
Listing ID
CM8223
With 68 years in business, this turnkey business has been thriving for decades. The sellers are ready to retire, and this is your opportunity to grab the reins and take the business to the next level!
The company sells new and used equipment, and services any make of equipment, even if they don’t sell it. Sales and service both fill out the balance sheet nicely.
There are very well-known brand names that you would recognize. New equipment includes both agricultural and construction tractors, snowblowers, riding and zero-turn mowers, bush hogs, wheel rakes, balers, aerators, mulchers, rototillers, seed spreaders and even whole-house stand-by generators.
Used equipment includes agricultural tractors, construction tractors, excavators, construction loaders and backhoes.
The company is located on a busy road, just outside a larger city and has a lot of road-front exposure. The sellers will consider financing the real estate.
Note: Financials are seller-provided and not audited by Inbar Group, Inc.
Real estate might be available, incidental to the sale of the business, not included in the sale price, but is also available for lease. Subject to commercial appraisal.
Retirement
Sellers will train and assist with transition.
Consider adding other small-engine product lines like power sports.
Administration and Mail
209 West 29th Street
Suite 318
New York, NY 10001
Phone: 212-473-5000
1245 Farmington Ave
Suite #302
West Hartford, CT 06107
Phone: 860-474-8000
1001 Liberty Ave, 5th Floor
Pittsburgh, PA 15222
Phone: (215) 461-5000
Two Liberty Place
50 South 16th Street
17th floor
Philadelphia, PA 19102
Phone: 215-388-2334