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Well Established Farm Equipment Dealership For Sale In Washington

Location

Washington

Employees

5 FT 1 PT

Year Est.

1967

Selling Price

$640,000

Down Payment

$128,000

Owner Benefit

there is no SDE

Total Assets

this is a sale of the assets only

This new and used farm equipment dealership was established in 1967 in northeastern Washington. The business is a full service dealership offering tractors, excavators, rotary cutters, rear blades, sprayers, balers, swathers, rakes, grapples, and much more.

The business offers parts sales and a full service repair shop for all equipment they sell. If they do not have a part in stock, they will gladly order it upon request. They also offer equipment rental.

This a sale of the assets only. There is no SDE. This is an old family business once very successful. The adult children owners/partners have developed other business interests (and ownership), thus this business has been ignored. This is a good entry level opportunity to rebuild a company with valuable product lines, staff and an honorable reputation.

The business owners are known for their success thus are greatly respected. Intangible assets of association with these individuals could be a significant advantage for someone with extensive knowledge of farming and related equipment.

Tractor with Bucket

Used Round Baler

Facilities The facility is s nicely maintained, free standing building. It may be leased or purchased directly from the owners.
Competition There are approximately 8 other farm implement dealers in the area.
Support / Training The owners will provide 3 weeks of training for the new entering party. The owners will sign a non-compete document.	Reason for Selling The owners own other successful businesses in the area and wish to Exit from daily responsibility for this business. They are well qualified to serve as future mentors to the new Entering Party.

Additional Information

Co-op advertising is provided. The professional website on the Internet is also one of their most effective marketing tools.

Financing Options

Please ask about sale structure for IRA/401K funding without early withdrawal penalties or additional taxes.

The business has obtained an Independent third party appraisal

Pre-qualification process

A non-disclosure agreement and other financial qualification must be received prior to the disclosure of the business location or other pertinent information about this business.

This is neither an offer to sell nor a solicitation to sell securities.

“When a buyer is asked to complete a company’s qualification forms, it’s just good common sense to do it if you are at all interested in their client’s business. From what I have seen, there are far more qualified buyers than there are qualified businesses. The qualification forms are a way of getting to the top of list of good prospects quite easily… a great way to put your best foot forward without a lot of effort.

A quality firm like BizAdvocates just wants to know they have a quality prospect whose financial means is in the ball park for a likelihood of a possible transaction. In our case, Joe and Sandy used their experience with other industry professionals to help us buy the company we inquired about initially with better terms than we expected and better tax advantages for the owners which created a win-win for all.”

Buyers - Jerry and Mendy Tippets
a N. Idaho based Manufacturing Company

Joe and Sandy Camp - each a BizAdvocate
represented the Exiting Party in the 2009 transaction