Details - Information last confirmed on January 20, 2021
Unique opportunity! Highly organized, with heavy assets in the millions of dollars of current new and used parts for all brands of tractors (Ford, John Deere, Massey, International, etc.), this business has excellent potential to increase revenue and profits. From Eastern Missouri, a popular tractor repair company specializes in salvaging motors, refurbishing tractors for dealers, providing parts and systems for resale, while offering nationwide shipping to dealerships and individual clients. Maintaining a positive reputation with its large recurring customer base since their inception in 1971, listing also provides new items, accessories and refinishing services to several agricultural vehicle models. This organized collection of parts is located in six buildings, totaling 30,661 square feet, each complete with their own welding shops, storage room and one featuring approximately 1,536-sq. ft. of administrative space. Included within the asking price, the property is in excellent condition and zoned for miscellaneous commercial use. The property can be sub-divided into separate lots and is capable of handling extra capacity for any cases of expansion. Thanks to a skilled team of five nonunion employees agreeing to remain post-purchase, the company is ready to continue its hands-on operations while new ownership adapts over a flexible transition as needed. Opportunities for growth and further development exist by extending marketing efforts to include online platforms for advertising their products, which have relied on effective word-of-mouth referral sources this far. Confident projections expect half a million on gross sales for 2020, as Total Revenues for 2019 reached amounts of $469,375. Current owners are retirement age and new ownership could provide the energy and marketing savvy to dramatically expand this business!
Listing includes R/E, Inventory of $4M to $5M and Properties valued at $2,000,000!
Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness.