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37379- Cattle Ranch Manufacturing and Welding

For Sale in ND

Listing ID: 37379 | Broker Listing ID:

Financial & Assets Details

$4,129,000
$982,000
$720,000
$100,000
Yes
$510,000

About the Business

Yes
Yes
2001
20 FT/ 1 PT
Yes

Business Description

Located in Southeast North Dakota, this business specializes in manufacturing Free Standing Corral Panels, Free Standing Wind Break Panels, and Swing Gates for the cattle ranching industry. Owners will consider financing the sale themselves for a qualified buyer! Sellers have a 10-acre site with an ample-sized facility with welding equipment, tools, heavy duty trucks, trailers, moving equipment, and skilled tradesmen. The Company’s marketing efforts focus on targeting cattle ranchers and dealers, nationally and internationally. With profit margins over 20% and a large customer base and solid reputation, the Company continues to attract new customers while maintaining its reputation with existing ones. Currently, 77% of the Company’s revenue derive from the sale of livestock panels, windbreaks, and swing gates made from recycled oil well pipe and sucker rods, and sold to cattle ranchers and livestock equipment dealers. Meanwhile, 15% of the Company’s revenue derive from wholesaling residual oil well pipe and sucker rods to competitors and 8% comes from Truck Freight revenues. According to the Owners, an opportunity for expansion exists in all three markets. Opportunities exist to add new products given their design and fabrication knowhow. Contact David Michaelson 214-815-0186.

Established over fifteen years ago, this owner operated business is managed by the owners who have trained management in place as well. Due to the nature of the Company’s products, direct customer contact is the preferred means of advertising for the Company. The Company maintains a website to help promote its products and services; however, the bulk of the revenue is from repeat customers and referral sources. The various forms of media the Company uses to promote its products include social media, radio, internet, print ads, tradeshows and its dealer network. Asking under $5 Million, make an offer today!

Growth & Expansion

More aggressive sales efforts on a national and international level could be greatly beneficial to the new owner. Adding to the product line is another step that would expand to a larger audience and increase sales.

Seller Financing

Negotiable for the right buyer

Location Details:

The Company operates from four buildings on a 10-acre property containing 6,300 square feet of office space, workshop area, and equipment storage. While the property is included in the price, a long-term lease is negotiable for the right buyer. If desired, the new owner could relocate within the region or take the appropriate steps to relocate nationally.

Support & Training

Key employees will most likely stay on after the sale. The owners will be available for transitioning.
Will Remain For Transition

Listing ID: 37379

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