Farm Equipment Dealership - Parts & Service Center
Location:
Canada
->
Manitoba
->
Winnipeg
Industry: Agriculture > Other Agriculture
Business Summary
Reputable farm equipment parts and service dealership for sale which operates a thriving full-service shop for all makes of farm equipment and retails over the counter parts.
- Constantly adding new product lines to current inventory therefore diversifying product mix.
- Recently added fencing and cattle feed supplies to inventory.
- Loyal repeat clientele base (Limited number of competitors).
- 60% of company operations are represented by equipment parts and sales and the remaining 40% by auto and farm equipment repairs.
The productivity of farmers has risen steadily over the last 30 years due to investments in new machinery and equipment. There are approximately 19,000 farms in Manitoba alone (2006 Census), with half them producing crops while the other half are animal based. Machinery & other repairs, make up 6% of total farm expenditures in 2007-2008 alone. This is promising since 40% of the revenue base of this company is by way of servicing and repairing farm machinery. On average farmers will spend $100,000 on new machinery and equipment per season.
Adding a focused salesperson and certifying the shop to conduct safety inspections could expand this business dramatically.
Financials
Asking Price Range: $250K - $500K
Gross Revenues:
$700,000
Cash Flow:
$60,000
Cash Flow Type: Sellers Discretionary Cash
Seller Financing: No
About The Business
Year Established: 1981
Number of Employees: 6 - 9
Relocatable: No
Franchise: No
Current Real Estate: Owned
Property: Property For Sale
About The Sale
Management Training and Support: The current owner would be available for two months for training of the purchaser to ensure a successful transition. Current owner is also willing to consider full – or part-time employment.
Reason For Selling: Retirement.
Click on the "I'm Interested" button above for more information on this Agriculture > Other Agriculture business for sale.
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Print Listing Id: 700115677
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