Wood Shavings and Pellet Mfg
| Asking Price: | Not Disclosed | Inventory: | $33,500 ++ |
| Gross Revenue: | $2,180,000 | Real Estate: | n/a |
| Cash Flow: | $222,000 | FF&E: | $619,000 ++ |
| ++ included in the asking price ** not included in the asking price | |||
The Company caters to a local and regional niche market that includes Central and Southern USA, including communities within a 150 mile radius of the corporate office. The region is a major center for quarter horse breeding, training, and racing. In short, this region is to the quarter horse industry what Kentucky is to the thoroughbred racing industry. The business is well known throughout the region and faces no significant competition. It is also the largest supplier of wood pellets in the region, and the closest competing supplier of wood shavings averages only 3 loads of shavings per week, in comparison to 15 or more loads per week processed by the Client # 35612. Furthermore, high barriers to entry related to start up costs and securing a consistent supply of raw materials impede competition. Additionally, the limited existence of weaker competitors has created a strong repeat-client base and a competitive ranking in the top 5% of the market. The Company currently employs 7 full time and 5 part-time non-union team members. Employees are cross trained so that all management level employees understand key business functions and can keep the business running in the absence of the owner.
About the Business
Year Established:29
Employees:7 full time - 5 part time
Facilities:The business’s recently remodeled, 15,000 square-foot facility consists of 2 main buildings. One is a 60 x 120 x 12-foot storage barn that houses 600 square feet of office space. The other is an unloading facility, where shavings are unloaded and graded, and where the pellet mill is located. In addition, there is a 40 x 60-foot bagging facility, a 100-foot silo and a 38 x 80-foot round building for storage. Ownership states that 100% of the property is in use, and the equipment is operating at 50% capacity, which indicates that there is room for 100% volume growth without the need to expand to a different facility. The buildings and property are owned by the business owners who own a total of 225 acres subject to a limited family partnership, and they are willing to offer new ownership multiple options for assuming possession of the business.
Market Outlook and Competition:There is very little competition. This is a niche company with high barriers to entry.
About the Sale
Reason For Selling:The owner would like to pursue other business interests, however he is willing to stay on with the company for an extended transition period subject to negotiation.
Seller Financing:negotiable for the right buyer; seller is realistic
KEYWORDS: wood shavings pellets
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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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