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Custom Vitamin and Mineral Premix Manufacturer for Feed Industry
| Asking Price: | Not Disclosed | Inventory: | $1,343,000 ++ |
| Gross Revenue: | $26,215,000 (comments below) | Real Estate: | $875,000 ++ |
| Cash Flow: | $1,048,000 (comments below) | FF&E: | $1,750,000 ++ |
| ++ included in the asking price ** not included in the asking price | |||
| Gross Revenue Comments: 2008 actual | |||
| Cash Flow Comments: EBITDA | |||
The Company is a regional leader in the premium pre-mix feed industry. The Company, which is an outgrowth of a flour mill facility started in the early 1900’s, has developed and perfected, with its state of the art equipment and information technology, custom pre-mix feed needs for the dairy cow industry. The end result is an ability to deliver custom solutions promptly and efficiently to a diversified customer base of users.
Key raw materials are also resold to users in tailored quantities and at a cost efficiency stimulating increased demand requirements. A relatively new facility has added needed capacity to meet new demand and still provide for increased growth requirements.
Key raw materials are also resold to users in tailored quantities and at a cost efficiency stimulating increased demand requirements. A relatively new facility has added needed capacity to meet new demand and still provide for increased growth requirements.
About the Business
Year Established:1984
Employees:27 full time -
Facilities:The Company owns a 55,000 square foot building located on approximately 5.5 acres in a suburban area. It is convenient to major expressways and points of delivery, including an on-site rail line. The renovated plant is approximately 6 years old. Approximately 3,000 square feet are devoted to office space and the balance is used for manufacturing and warehousing. The site acreage is primarily used for receiving materials and trucking as well as employee/visitor parking.
Market Outlook and Competition:The Company sells primarily to distributors who sell to end user dairy farm operations. Customer relationships are maintained through its dedicated sales force, including the Company's senior management.
COMPETITION:
Based on the size of the market there are a limited number of regional and national competitors. Because the anatomy of cows does not change over time, the needs are consistent from year to year although changes in mixes can change based on customer formulation experimentation.
All of the oligopoly competitors provide similar products and services, but the degree that they provide fast turnaround time, consistency, focused service and value add pricing are determining factors in ultimate sales attraction.
About the Sale
Management Training and Support:Will remain on or assist in any transition considered necessary.
Reason For Selling:Seeking acquirer who can provide synergistic value to expanding business and profitability.
KEYWORDS: agriculture, premix feeds, diary cows, vitamins, distributor, farms, bulk, limestone, phosphorous, bicarb, salt, magnesium
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Industry: Food and Beverage
Segment: Agricultural Production Next Listing: Agricultural operator, sale of ammonia and planting seed
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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