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Manufacturer of Irrigation Equipment, Pumps/Pump Units for Agriculture
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Manufacturer of Quality Irrigation Equipment & Systems, Pumps, Pump Units, Gener
This company manufactures their own line of products for the agriculture industry including irrigations systems and pumps. They have been established many many years and is second generation owned. 145,000 SF facility. They sell to their own dealer network east of the Mississippi and have a strong replacement parts business and build completed units to order. Owner prefers to stay employed in sales roles. Sales in the past 10 years have ranged from $5 Million to $8 Million. 25% margins on products and about 100% on parts replacements. Many hard assets help support the price, but the business needs to be grown back to the $7M or more range as the owner has become complacent and not been pushing sales or visiting customers of late. Real estate accounts for half of the asking price and almost $2 Million in inventory. Principals Only. No Buyer Reps and No Buy Side Brokers - No Exceptions. Buyers need to sign a Confidentiality Agreement before receiving additional information. Bill Law cell 704-904-6624 bill@sunbeltbrokers.biz
About the Business
- Years in Operation
- 56
- Employees
- 25 (25 Full-time)
- Facilities & Assets
- Facilities include large over head cranes, welding stations, paint booth.
Real Estate
- Owned or Leased
- Owned
- Included in asking price
- Building Sq. Ft.
- 146,000
About the Sale
- Seller Motivation
- Retirement and Inheritance
Listing Info
- ID
- 2452191
- Listing Views
- 29
Listing ID: 2452191 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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