Leading Farm Equipment Manufacturer in Nebraska (37657)
RetailFor Sale in NE
Financial & Assets Details
About the Business
From Southern Nebraska, this niche industry leader specializes in manufacturing elite livestock equipment for farm and ranch applications. Primary products include a broad variety of livestock feeding equipment such: as mobile versa-totes, creep feeders, bale, bunks and hay wagons. Other products include corral/fence panels, gate closers, saddle racks and post drivers. The company sells and distributes its products primarily to livestock feed companies, dealers and large livestock operators. Business is conducted from a 30,000 square foot facility that includes administrative offices, production, warehousing and sufficient land and building space for additional production capacity. The building is in excellent condition and is available for lease ($5,050 per month) or can be sold with the business. The owner is willing to remain flexible for a smooth transition of six months under current managerial role. Sales revenue is driven by their strong reputation, while strategic marketing efforts focus on targeting potential repeat clients within their surrounding counties and states. There is opportunity for national growth, which has been demonstrated by the company’s success with a large client in Alabama. Marketing has primarily been focused on sponsoring select livestock events and word of mouth by long standing customers. The brand has a reputable track record of 35 years since their inception in 1984 (later acquired in 2014 by the current owners). The company also presents many growth opportunities for an ambitious buyer looking for a positive return on minimal capital investment. Their wide range one year warrantied “in-house made” products surpassed 2017’s totals in gross sales, revenue for 2018 reached $1,986,194 along with $360,405 in Seller’s Discretionary Earnings. Based on an independent evaluation!
Financing negotiable for the right buyer.
Property is available for optional purchase outside of Asking Price.
Support & Training
Owner Transition of period of 6 months.
Reason for Selling:
Approaching retirement and/or pursuing other interests.