15 Year Compact Tractor Dealership in Central PA- SBA Pre-Approved!

PA

15 Year Compact Tractor Dealership in Central PA- SBA Pre-Approved!
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Asking Price: $800,000

Cash Flow: $160,780

Gross Revenue: $3,240,973

EBITDA: N/A

FF&E: N/A

Inventory: $300,000

Real Estate: $525,000*

Established: 2004

*not included in asking price.

15 Year Compact Tractor Dealership in Central PA- SBA Pre-Approved!

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Business Description

Excellent customer service, quality long-term staff & strong market share

The company, located in Central Pennsylvania, is a tractor dealership that offers sales and service of compact tractors and related equipment and products to rural property owners. The company has been in business since 2004. It is currently up for sale to qualified buyers exclusively through Raincatcher.  The company focuses on a niche market - catering to the rural lifestyle landowners. These are not landowners who typically farm for a living, but people who prefer the rural lifestyle. They generally maintain their land on their own and require a compact tractor to do so.

The global compact tractor market is expected to register a CAGR of 4% by 2022. There is a growing demand for these tractors on a global scale and here in the U.S. Small-scale “farmers”, many of whom have animals and crops for their own personal use, purchase these tractors to do the work on their land themselves. The increased number of new product launches in this market, and the increased use provide continued growth opportunities in this market.

The company carries top brands and is the only locally owned tractor dealership in its county. It has a strong income history and strong market share of compact tractor sales in its county (40.7% for 2017). In addition to its dominance in sales, it is also known for its customer service. The company has maintained this consistent success year after year, with the owner not having to spend every day working on the business. The owner travels frequently, and the business runs smoothly without any hiccups during his absence.

The company does not carry any long-term debt and provides a great opportunity for a turnkey business in an industry that is on the rise.

Purchase Considerations:

* Well-established business of 15 years with an excellent reputation.
* Long-term, quality staff that handles operations with minimal supervision.
* Substantial growth potential through expansion of product line and digital marketing efforts.
* The business does not carry any long-term debt
* Opportunity for strong margins.

The company, located PA is wholly owned by its operator who plans to exit the industry following the transaction. The asking price is $800,000 plus real estate valued at $525,000 for a total consideration of $1,325,000.

To view the slide deck for this business, please click on the following link: https://listing.raincatcher.com/listing/pa-tractor-dealership
and follow these steps:

1) Select "Login to Sign NDA" to the right

2) Select "Not a Raincatcher buyer member yet? Click here to create an account and get exclusive access to our premium business-for-sale listings..."

3) Enter your information and click on "CLICK HERE TO SIGN NDA"

4) Scroll to the bottom of form, sign your name in the "Receiving Party" box, input your company title and then click "SUBMIT"

5) Click "Continue.."

6) Click button "ALMOST DONE! CLICK HERE TO TELL US WHAT YOU'RE LOOKING FOR"

7) Fill out form with your business acquisition preferences and click "SIGN UP"

8) Check your email for an email from Raincatcher Team "support@raincatcher.com" with the subject "your name, here’s your username and password to access the Raincatcher listings" --- your user name and password will be included in this email.

9) Click on the URL in the email https://listing.raincatcher.com/login

10) Enter your username and password and click on "Login"

11) Click on the listing under Signed Listings and click "View the Slide Deck". You can also submit questions about the listing by clicking on "ASK A QUESTION"

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Not included in asking price
Building SF:
7,540
Employees:
8
Facilities:
Owner Leaseback, 7,540 sq. ft.
Competition:
The company is the only locally owned tractor dealership within its County and reported 40.7% of the market share for small tractors in 2017. While the company does do some advertising and social media, the majority of its customers come by word of mouth.
Growth & Expansion:
The company specializes in selling compact tractors and equipment for rural lifestyle landowners. Compact tractors are part of the Tractors and Agricultural Machinery industry. Also included in this industry are full-size tractors and equipment, harvesting machinery, consumer lawn, garden and snow equipment, and parts, dairy farm equipment, and planting, seeding, and fertilizing equipment. In the U.S. alone, this is a $38.2 billion industry. Over the past five years, the number of businesses in this industry has grown by 2.3%.
Support & Training:
Current ownership is willing to have a transition period of up to 60 days however the current staff can operate the business without missing a beat as they have done in the past when the current owner has been away (for up to 8 weeks at a time).
Reason for Selling:
The owner will be retiring
Business Website:
http://listing.raincatcher.com/listing/pa-tractor-dealership
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Contact the Seller

(from currently available funds)
 
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Mark Halma

Business Listed By:
Mark Halma

Raincatcher

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Sponsoring Broker:
Keith Marlow

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