Hobby Farm Tractor Dealer Sales/Service - MI |
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Business Summary:
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This locally owned business specializes in the sales and service of midsized horsepower diesel tractors ranging from 21 hp to 110 hp. The company sells various implements and attachments for the tractors as well as zero turn mowers and higher end garden tractors. The current owner founded the business and has built the company into one of the area's premier dealers for top line products and service. The company facility features a showroom and parts counter where customers can learn about the various lines and models offered as well as order parts and service. Due to the sizes, most tractors and implements/attachments are displayed outdoors and adjacent to the facility. Products and lines carried include well recognized US as well as imported manufacturers. In addition to the lines represented, the company maintains a strong parts business for other lines/brands of tractors. This not only brings in additional business, but is also an indicator of the reputation for quality and service after the sale in the eyes of it's many customers.
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Facilities / Lease Terms:
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Central Michigan company operating from a 4,000 SF purpose built leased facility (related party), consisting of 1,500 SF retail and administrative area and 2,500 SF of parts and service area, situated on a corner lot along a heavily traveled highway.
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Real Estate:
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This property is leased.
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Growth Opportunity:
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Excellent room for growth, both from the facility as well as market for the products carried. Internet sales are solid, but could be expanded with additional personnel to monitor and manage.
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Competition:
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Large exclusive territory for the reputable brands of products carried, service is highly rated. Other tractor dealers in the area, but none targeting similar markets.
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Financing:
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Support & Training:
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Seller will provide adequate training and orientation for a buyer.
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Reason for Selling:
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The current owner is now ready to slow down and turn operations over to a financial or strategic buyer who wants to acquire a first class business with a strong reputation. Seller will
consider all proposals for sale. |
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Broker Contact:
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Larry Baumgart – Advanced Business Advisors, LLC
Direct: 269-330-6924 Fax: 248-564-5259 E-mail: Larry.Baumgart@AdvancedBusinessAdvisorsLLC.com |
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*The broker has made no investigation of the above information, prospective buyers must accept all due diligence responsibility.
Above information is subject to change and/or correction and should not be considered binding.
