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Agricultural Supply and Retail Business with Real Estate for Sale
Duran Advisor presents this agricultural supply business with Real Estate for sale on the Gulf Coast. The business has multiple locations with purpose-built facilities. This family-run business has been in operation for over 30 years, with the owners working in the business daily. The business sells bulk soil, fertilizer, seed, feed, herbicides, and many retail items. Unlike many of its competitors, it boasts a seasoned, well-educated staff with a long time on the job. The owner is selling to retire and will entertain all reasonable offers.
This business would be an excellent acquisition for a larger supply company looking to purchase a customer base and an established territory. It would also be a good fit for a manufacturer looking to go direct to consumers with their products.
The Real Estate is available for purchase or lease at all locations. The owner has multiple parcels to accommodate expansion if desired. All property and equipment is owned outright and can add or remove equipment as necessary to make a deal work depending on the buyer. Come see the beautiful facility, walk the store with the owner, and make an offer on this time-tested business.
Current Assets included at the listed price are:
Property was recently appraised at $2,100,000
Inventory wholesale value of more than $1,000,000
Equipment value estimated at over $2,500,000
A Matterport 3-D Virtual Reality scan of the properties and a 30+ page Confidential Business Review are available to fully disclosed buyers.
For serious inquiries, please call the listing broker, Joel F. Duran, CM&AA®, CEPA®, CMSBB®, at (504) 313-1038. The Real Estate broker for this listing is John Sanderford, and he can be reached at (504) 321-0196.
Listed By: Joel Duran, CM&AA, CM&AP, CEPA, CAIM, CMSBB
Background information
Reference:
NOLA-0029
Year established:
The business is in operation over 30 years.
Reason selling:
Retirement
Finance
Sales:
$5,510,400
Profits:
Undisclosed
Profit type:
Undisclosed
Operations
Employees:
Full-time employees: 21 Part-time: 1
FF&E:
$2,513,595
Inventory:
~ $1,200,000
Premises
Facility:
The facilities are well maintained and include large retail stores, seed and fertilizer storage, mechanic shops, and more.
Square footage:
~51,113 sq ft
Rent and lease terms:
The properties are for sale for their appraised values totaling $2,130,000.
Location:
The Gulf Coast of the United States.
Price and terms
Financing:
The business has many assets to assist bank financing. The owner will consider a component of seller financing, if necessary, to complete the package.
Training:
The owner will be available for a two week training transition and then after that will be available by telephone as needed.