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Excellent opportunity for a buyer with strong marketing and product management skills! To date, seller has been marketing to dairy farmers in the area and selling in bulk and would like to stay on to focus on increasing the volume once he is freed up from management tasks. Despite the agriculture woes in the media recently, milk prices paid to the producers have gone UP!. 2018 Revenues were over $3.4MM! There are opportunities to expand the business using their 15 commodities from which they make custom blends as well as mineral and vitamin premixes for other large animals such as horses and goats as they are close to hobby farms. Other services include soybean and corn roasting, experienced nutritionist “on the farm” consultations, grain storage and a General Store offering men’s/women’s boots, accessories, clothing for the entire family and other specialty items. The plant is operating at 60% capacity with two production workers, 2 delivery people with one of the trucks being able to deliver up to 21 tons at one time. Attractively priced at $2.2 million which includes Real Estate and FF&E. Inventory and accounts receivable are NOT included. The inventory varies between $ 100,000 and $200,000, depending on the manufacturing cycle, so the price would be determined at Closing. For further information, please contact Nick Strandberg.
Real Property Included
14,900 sq ft on 5 acres
6:30 am to 5:00 pm M-F (Manufacturing)
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