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Legacy Service & Sales Agri-Business in Central Iowa Opportunity
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Services to the local agricultural and farming communities include manure spreading, land rolling, equipment rental, trucking, and more.
Locally owned and operated, the business also provides sales and service to agricultural, construction, and lawn & garden equipment customers in west-central Iowa since 1991.
The business sells and services high-quality agricultural equipment from prominent manufacturers across the region. Additional services include, mobile oil changes, parts, online auctions, and more.
The business maintains a large fleet of rolling stock that is continuously upgraded to provide its land application, hauling, and trucking services to very long-term, loyal customers within a 120-mile radius. Growth is available within that radius, and the owners often turn down business from around the Midwest.
Locally owned and operated, the business also provides sales and service to agricultural, construction, and lawn & garden equipment customers in west-central Iowa since 1991.
The business sells and services high-quality agricultural equipment from prominent manufacturers across the region. Additional services include, mobile oil changes, parts, online auctions, and more.
The business maintains a large fleet of rolling stock that is continuously upgraded to provide its land application, hauling, and trucking services to very long-term, loyal customers within a 120-mile radius. Growth is available within that radius, and the owners often turn down business from around the Midwest.
About the Business
- Years in Operation
- 35
- Employees
- 22 (20 Full-time, 2 Part-time)
H1 Visa Laborers Seasonally - Facilities & Assets
- The business operates from an 8-acre property, with a 3,800 sq. ft. office and shop building adjacent to a 5,500 sq. ft. wash bay & maintenance building. The seller also own residential housing nearby for H1 laborer accommodations, which are included in the real estate valuation about and not in the business pricing.
- Website
- http://www.marigold.mobi/agbiz
- Market Outlook / Competition
- Very long term loyal customer base of over 250 customers within a 120 mile radius.
- Opportunities for Growth
- Seller currently turns down work from all over the midwest.
Real Estate
- Owned or Leased
- Owned
- Not included in asking price
- Building Sq. Ft.
- 11,000
About the Sale
- Seller Motivation
- Retiring
- Transition Support
- Seller will provide transition services for 6 months as part of the purchase price and will be available to consult indefinitely pending the buyer's standards and needs. Two owners currently pay themselves $300k annually. One owner's payroll, admin, and banking role can be absorbed internally. Operations, estimating, logistics, supplier relations, inside sales performed by the other other owner needs replaced either by the new owner, or a new owner hired GM. The re-casting at the CIM will show $175k annually of the $300k remains available to backfill these two rolls as the new owner sees fit.
- Financing Options
- Up to 20% pending buyer experience
Listing Info
- ID
- 2501487
- Listing Views
- 200
Listing ID: 2501487 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. See our full Terms of Use. Learn how to avoid scams.
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