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37733 - Farm Supply Store W/great Customer Service! For Sale

Far Eastern TX, Texas, US
Asking Price:
$1,100,000 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1,200,000 (USD)
Cash Flow:
$78,131 (USD)

Established farming supply store provides feed, hunting, and ranching products to the surrounding geographical area of Far Eastern Texas, in addition to materials like tack & clothing, seeds, animal health and pharmaceutical items. The storefront is a complete 7,840 square foot retailing facility with a newly installed $37,000 frontage sign. The facility has an ample showroom, feed storage bins and an adjacent parking lot with no zoning restrictions. Situated over three acres of land, the property is ideally situated with its visible highway frontage, with extra capacity for expansion. Thanks to its large client base and 6% Annual Growth in the last twelve months, approximate Total Revenues for 2020 achieved $1,200,000 alongside Seller Discretionary Earnings of $78,131. The nationwide pandemic did not negatively affect the company. With five nonunion employees holding the fort throughout a standard three-month transitioning period, a strategic buyer can focus on the industry’s growth opportunities. Having used radio ads in the past and by maintaining its social media presence, additional marketing efforts can build on the business’ reputable track record as well as its referrals from recurring customers.

Property Information

Real Estate:

Real Property Included

Location:

Property of $500,000 comes included within Asking Price.

Premises Details:

Newly-Installed, $37,000 Frontage Sign Included!

Size in square feet:
7,840+/-

Business Operation

Reasons for selling:

Approaching retirement and/or pursuing other interests.

Trading hours:

Monday to Friday, open 8AM - 5PM.

Employees:
5 nonunion.
Years established:
2014

Other Information

Support & training:

Standard Owner Transition period of 3 months.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Negotiable up to 20% for the right buyer.

Furniture / Fixtures value:
$72,533 (USD) - included in the asking price
Inventory / Stock value:
$360,431 (USD) - included in the asking price

Contact IAG

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