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Search more Farms For Sale in Portland, ME

Listing ID: 2278160

Tractor Manufacturing Business In Maine For Sale

Portland, Maine, US

Asking Price:: $495,000 (USD) Furniture / Fixtures included

Sales Revenue:: Available on request

Cash Flow:: Available on request

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Ingersoll Tractor is a unique all steel, all hydraulic tractor which is manufactured to last! With several thousand machines manufactured from the 60's, there is a wide customer base still operating them and repairing them! Some of the long term enthusiast pass their older machines on to family members and purchase newer models based on their reliability and quality. Ingersoll offers several attachments making this tractor more versatile than most other lawn and garden tractors.

Ingersoll was founded when Jack Ingersoll bought the small AG division from Case Outdoor Power Equipment Division in 1983. The division traced its roots back to Colt garden tractors in the early 1960s. The business continued to produce garden tractors in Winneconne, Wisconsin using the hydraulic drive systems pioneered by Colt. Then purchased by Eastman Industries in 2005, and production was moved to Portland, Maine in 2006. The manufacturing of tractors continued through to January 2016 when Eastman moved from its location.

Further information available upon request, please contact seller below for more details.

Property Information

Location:: There is no location or building as this is strictly an asset sale.

Premises Details:: There is no location or building as this is strictly an asset sale.

Size in square feet:: N/A

Business Operation

Expansion Potential:: Plenty of expansion and growth with a driven buyer. Invest in your future. Ingersoll Tractor is truly a diamond in the ruff. With the right owner that knows the manufacturing business, the sky is the limit!

Competition / Market:: Niche market, no other tractor built like the all steel Ingersoll Tractor

Reasons for selling:: Owner has passed away

Trading hours:: N/A

Employees:: 2

Years established:: 1962

Other Information

Support & training:: To be discussed

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

Financing available:: Open for discussion

Inventory / Stock value:: $1,400,000 (USD)

Website:: Login or register to view link

Related Documents:

Business closed / Asset sale:: Yes

Home based:: This business can be run from home.

Relocatable:: This business can be relocated.

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