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| Overview |
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For Further Information |
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| Business |
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Contact: |
Dave Lewis |
| Description: |
Supplier/Provider of Irrigation Equipment and Service |
PFW Office: |
Broomfield |
| Location: |
Colorado |
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Telephone: |
303-427-0800 |
| Sales: |
$2,662,320 |
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Fax: |
303-427-7707 |
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Email: |
david@proformawest.com |
| Business Price: |
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| Real Estate |
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| Size of Premises: |
Facility Size 4,500 sq. ft. |
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Business Summary
This firm has been offering outstanding products and service to its agricultural customers since 1982. They are a supplier/dealer of pumps, pipe, electrical equipment and center pivots. The company is located in one of Colorado’s most scenic areas as well as one of the main agricultural areas of the State. Customers have, over the years, relied upon the company to provide their irrigation equipment and supplies along with the expertise and service needed to install and maintain the systems. Approximate sales breakdown to 75 percent for equipment and 25 percent for service. They are a dealer of two major pump lines and one major center pivot manufacturer.
The company has a very reliable and knowledgeable employee base. They have 13 full-time employees, including the owner and his spouse. Five employees are managers, i.e., Operations, Parts, Electrical and Crew Supervisors. One of the employees hold the Master electrical licenses, which provides a competitive advantage, and the owner holds the pump installer license. All the management employees have good tenure with the company and would stay under new ownership.
The facility is ideal for the business. It sets on 1.5 acres with two attached buildings. One building is the office of approximately 1500 square feet and the other is the parts/shop of 3000 square feet. The real estate is also for sale and includes a total of eight acres. The real estate is owned outside the company by the majority shareholder and rented to the company at market rate.
| General Information |
| Ownership Form |
C Corp. |
| History |
27 years |
| Employee # |
13 FT |
| Business Hours |
M-F 8-5; in season as needed |
| Reason for Sale |
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| Financial Summary |
Period:
July 2008 to June 2009
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| Sales |
$2,662,320
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| Cost of Goods Sold |
2,092,163 |
| Gross Profit |
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| Operating Expenses |
478,780
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| Net Pre-Tax |
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| Recast Adjustments |
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| Adjusted Cash Flow |
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| EBITDA |
$237,566 |
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DISCLOSURE
The information provided on this sheet is a copy of information furnished by the Seller, as evidenced by a Broker Agreement and is available upon request. Broker makes no representation as to the accuracy or reliability of said information. This information is subject to change at any time without notice. Purchasers are advised that Broker is the fiduciary agent of Seller and does not represent Purchaser in the sale of this business.
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