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Well-Established Grain Elevator/Feed Store for Sale in Southwest Missouri
| Reference #: |
42014255
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| Location: |
Southwest Missouri
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| Price: |
$539,000 |
| Amount Down: |
$539,000 |
| Revenues: |
$686,540 |
| Discretionary Earnings: |
$57,569 |
| Total Assets: |
$704,750 |
| Business Description: |
Established for over 40 years, this is a turn-key operation with mostly new bins and grain handling equipment, because of windstorm damage in May 2009. Rebuilding completed in September 2010. Business operated normally in 2011, but harvests of wheat, corn, milo, and soybeans were severely impacted by a local drought.
Business can be open year round or could be closed during winter months. Discretionary Earnings to the owner have been as high as $76,988 (in 2008).
The feed store sales have steadily increased each year.
The sales price is less than the appraised value of the business of $560,000 plus inventory, performed in April 2011! And, the seller's careful estimate of the current value of all the assets of the business totals $704,750!
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Contact Us About This Business For Sale
The information above has been provided by the seller and/or the seller's financial advisors and has not been verified by this independently owned office, its representative, or VR. This independently owned office, its representative, and VR make no warranty regarding the accuracy of this information and advises prospective buyers to conduct their own due diligence prior to purchasing any business. |
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