Seller Financing Available
Gross Revenue: $319,000
Rate/Sq. Ft.: $6.00
Hay, Straw Distributor
Wholesale hay product Company who supplies its products to various retail and private company’s throughout the Martin County, Florida area. The company is a premier source of Hay, Straw and Bedding to customers located within our delivery regions and beyond. They are dedicated to producing and sourcing every grade and type of hay needed within our markets, then providing that product to our customers in the right size bale and with the right size and type delivery to suit their needs efficiently year round. They accomplish this consistently each year by giving careful attention to the seasons and supply’s and through our long term relationships with growers in every major hay and straw producing region of the US and Canada. Whether you are a large or small customer you can depend on them for personal service catered to your specific needs. With years’ experience serving customers in Equine, Dairy, Construction, Government and Retail we have handled almost every type delivery, quantity and quality request. They look forward to having the opportunity to fill your needs. This six-year-old company purchases in large volumes and supplies it products at a basic retail cost with a substantial profit. Known to deliver only the best products, this company is one of the most experienced distributors of fine-quality retail alfalfa hay to serve all your hay needs. With many years of quality and consistency in their products, they take pride in being an industry leader, and strive for excellence in production, harvesting, and marketing to meet customer expectations. Going above and beyond is integral to our operation management, and is why we are second to none. Their reputation is extremely important, which is why their customers are sure to be satisfied with their dedication to excellence. The Company supplies Alfalfa hay for retail and dairy customers. Their production capabilities allow them to extend sales representing an increase in gross sales. This business has one full time employee who are unaware of the pending sale and fully expected to remain post-closing, monthly payroll $2,800. The sale opportunity will supply a commercial lease which expires 2021-01-01 plus additional options, with a monthly rent of $750 and rent security $750. The business assets have an estimated value of $75,000 and the sale consists of a fully equipped operation, which includes accounting software, computers, one box truck, and various equipment required for this industry, including all the necessary equipment to maintain the day to day business operation and a list of assets will be supplied to purchaser upon request. The facility has appropriate private parking on site as part of the commercial lease. The business is active five days per week, with hours from 8:00 am to 5:00 pm. The sale includes a certificate of occupancy from the particular municipality and the required state or city licenses to conduct its day to day business. The owner will remain post-closing for 30 days in order to supply an appropriate transitional period to the new operator. The business presently has a limited marketing plan, no web site and if improved can further develop the business bottom line net income. To the best of our knowledge due to various circumstances, no other new competitors are expected near to this business and the owner has agreed to supply a long term non-compete agreement to the purchaser. The 2015 yearly gross income is $319,400 and the business has a yearly net income of $75,000 based on an owner operator and prior to debt service. Additionally, no sales tax is paid in this state. The business has been valued at $195, 000 based on a multiple of the net yearly income and the value of the specific business assets and seller financing has been approved to a qualified buyer with an appropriate down payment, collateral and credit rating. Please do not disturb business, this sale is absolutely confidential, the employees are Unaware of the pending sale, all viewings are by appointment only and photo does Not represent this particular business opportunity. An additional $60,000 income available if the company also coordinates the horse manure presently not delivered to the same existing customers.
Inventory: Included in asking price
Real Estate: Leased
Building Sq. Ft.: 1,500
Lease Expiration: 9/1/2017
Furniture, Fixtures, & Equipment (FF&E): Included in asking price
Facilities: This wholesale company is on 1 acre and has a storage area which is used to maintain its products which consist of 1,500 square feet. This opportunity is located in Martin County, Florida which consists of various businesses that with continued demand for this particular product.
Competition: To the best of our knowledge due to various circumstances, no other new competitors are expected near to this business and the owner has agreed to supply a long term non-compete agreement to the purchaser.
Growth & Expansion: The business presently has a limited marketing plan, no web site and if improved can further develop the business bottom line net income.
Financing: Seller financing available to qualified buyers.
Support & Training: The owner will remain post-closing for 30 days in order to supply an appropriate transitional period to the new operator.
Reason for Selling: Retiring.
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