$3,288,000
Business Type: Manufacturing / Mfg-Agri Products; Agricultural
Manufacturing / Mfg-Agri Products; Agricultural
This manufacturer of a complete line of agriculture equipment was started in 1971. It has been owned by the current owner since 2004. Current owner runs it as an absentee owner, lives 80 miles away and spends two days a week on site. The manager runs all day to day operations. Manager was involved in the business prior to the current owner buying the business and is very loyal to the business and would likely stay on, if asked by the new owner. This well known and respected line of ag equipment is primarily sold thru a network of dealers: 4 dealers in South Dakota, 2 dealers in Nebraska, 1 dealer in Iowa, 2 dealers in North Dakota, 1 dealer in Kansas, 1 dealer in New York, 1 dealer in Pennsylvania, and 1 dealer in Canada. The facility is located on 4.81 acres of land. The building is very adequate but with continued growth there is plenty of room for expansion. There are eight full time employees and three seasonal employees, with an average length of employment of over 15 years. The area also has a good availability of new employees to handle future growth.
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