Ag Industry Support Business – Manufacturing, Assembly, Transport and Servicing

Business Description

This opportunity capitalizes on a turn-key business providing crop bin sales, service, repair and installation in southern Saskatchewan. This seasonal business has distribution relationship with manufacturers for new corrugated steel bins sales and smooth wall fertilizer bins; as well as supply arrangements for bin accessories (monitoring systems, automatic hatch systems, fans/cooling systems and anchoring systems). The business services a niche market focused bin repairs, construction, assembly, transportation and setup. Established in 2016, this seasonal business that operates from early Spring to late Summer providing service to the south-central Saskatchewan’s agricultural industry. During the peak demand period (July and August) the business is managed by the two owners with seasonal support and outside the peak period, the business requires minimal management based on current operations. High potential to expand business to other areas of the Province, add additional products/services (auger sales), and target larger farming operations to take this business from seasonal to a year around operation. Sales, SDE and EBITDA listed are 4 year averages. Sale price includes $60k in working capital (which will include an expected $30k in inventory). Business is operated from the existing owner's farm. Buyer would need to secure their own site for operations (2-3 acre outdoor site) so it would need to be relocated somewhere in SE Saskatchewan.

Details

Business ID: REGI0067
Business Category: Agriculture, Forestry, Fishing and Hunting
Location: Saskatchewan, Saskatchewan

Status: New

Company Information

Year Established: 2016
Franchise: No
Number of Employees: 3

Financial Information

Asking Price: $ 349,000
Gross Revenue: $ 706,958
SDE: $ 120,992
FF&E (included): $ 157,500
Inventory: $ 30,000
EBITDA: $ 99,755

Business Presented By
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