Quality Irrigation Equipment Manufacturer

This company manufactures their own line of products for the agriculture industry including irrigations systems and pumps. They have been established many many years and is second generation owned. 145,000 SF facility.

They sell to their own dealer network east of the Mississippi and have a strong replacement parts business and build completed units to order. Owner prefers to stay employed in sales roles. Sales in the past 10 years have ranged from $5 Million to $8 Million. 25% margins on products and about 100% on parts replacements. Many hard assets help support the price, but the business needs to be grown back to the $7M or more range as the owner has become complacent and not been pushing sales or visiting customers of late.

Real estate accounts for half of the asking price and almost $2 Million in inventory. Principals Only. No Buyer Reps and No Buy Side Brokers - No Exceptions. Buyers need to sign a Confidentiality Agreement before receiving additional information.