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- RE: High Profit Farm Supply Store (Semi-Absentee)
- Contact: John Lastra
Quick Facts
Asking Price: | $2,300,000 | |
Annual Revenue: | $4,993,701 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $597,507 | |
Total Debt: | Not Disclosed | |
FF&E: | $408,000 | |
Real Estate: | Not Disclosed | |
Year Established: | Not Disclosed | |
Employees: | Not Disclosed | |
BBN Listing #: | 984379 | |
Broker Reference #: | Not Disclosed |
Business Overview:
Established in 1991, the business’s key focus is pet and animal feed and supplies, lawn and garden supplies, farm and ranch supplies, and related hardware and equipment. The company sells to both retail and wholesale customers.
Approximately one half of the store’s retail space is devoted to pet foods. The remainder of retail space is devoted to farm and home hardware, tools, and supplies. Additionally, the business has seasonal products such as live chicks and ducks, a complete garden center with live plants, fertilizers, garden care products, and other seasonal items. The broad, carefully selected product offerings, knowledgeable customer support staff, and competitive pricing has resulted in a large repeat customer base.
The company has an interactive website which could be further developed to be an excellent source of growth.
The company is well organized with stable management and staff allowing the owner to be semi-absentee.
The company to include all furniture, fixtures, and equipment, $450,000 of product inventory, tradename, covenant not to compete, and training is offered for sale for $2,300,000. It is anticipated that the seller will finance 10% of the sales price and SBA guaranteed bank financing would be available for the business purchase with a buyer down payment of approximately $230,000.
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Market Competition and Expansion:
The business’s market share is increasing due to the company’s reputation for high quality products, competitive prices, and timely performance.
Reason for Selling:
RetirementAdditional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
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