Business Description
The company, located in Central Pennsylvania, is a tractor dealership that offers sales and service of compact tractors and related equipment and products to rural property owners. The company has been in business since 2004. It is currently up for sale to qualified buyers exclusively through Raincatcher. The company focuses on a niche market – catering to the rural lifestyle landowners. These are not landowners who typically farm for a living, but people who prefer the rural lifestyle. They generally maintain their land on their own and require a compact tractor to do so.
The global compact tractor market is expected to register a CAGR of 4% by 2022. There is a growing demand for these tractors on a global scale and here in the U.S. Small-scale “farmers”, many of whom have animals and crops for their own personal use, purchase these tractors to do the work on their land themselves. The increased number of new product launches in this market, and the increased use provide continued growth opportunities in this market.
The company carries top brands and is the only locally owned tractor dealership in its county. It has a strong income history and strong market share of compact tractor sales in its county (40.7% for 2017). In addition to its dominance in sales, it is also known for its customer service. The company has maintained this consistent success year after year, with the owner not having to spend every day working on the business. The owner travels frequently, and the business runs smoothly without any hiccups during his absence.
The company does not carry any long-term debt and provides a great opportunity for a turnkey business in an industry that is on the rise.
Purchase Considerations:
- Well-established business of 15 years with an excellent reputation.
- Long-term, quality staff that handles operations with minimal supervision.
- Substantial growth potential through expansion of product line and digital marketing efforts.
- The business does not carry any long-term debt
- Opportunity for strong margins.
The company, located PA is wholly owned by its operator who plans to exit the industry following the transaction. The asking price is $500,000 plus inventory ($300,000) and plus real estate (valued at $525,000) for a total consideration of $1,325,000.
| Business | N/A | Asking Price | $500K for the business
$300K in inventory $525K for the real estate (lease options available upon request) $1,325,000 total |
| Locations | PA | Inventory | $300,000 |
| Yrs In Business | 15 Years | FF&E | $90,467.82 |
| Employees | 5 full time employees 3 part time employees |
Terms | Negotiable |
| Hours | Mon. – Fri. 9AM – 5PM
Sat. 9:30AM – 12PM |
Ownership | 100% |
| Facilities | Owner Leaseback
7,540 sq. ft. |
Reason for Sale | The owner will be retiring |
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