03 Dec Very Profitable Irrigation Supply With Real Estate – SBA Approved
Very Profitable Irrigation Supply With Real Estate – SBA Approved
This irrigation supply business has realized double digit growth since COVID and is still going strong. Strategically located in Western Colorado, between Grand Junction and Fruita on the Highway 6&50 frontage road, the Business has great visibility on a 4.5-acre corner lot. Along with over 40 years in business, the company has earned a stellar reputation among its loyal clientele. The company serves local homeowners, farmers, and businesses, regardless of size, with their sprinkler system and irrigation supply needs.
Inventory levels are kept current and relevant. Salable inventory fluctuates however, inventory is always kept at a maximum for the season. Business hours are Monday through Saturday from 8 to 5 during peak season.
With its clean financial history and tax returns, this business is an excellent candidate for SBA financing (in particular with the real estate purchase).
Inventory at Cost: $450,000. (to be counted and purchased by Buyer at cost at close of sale)
Sellers are retiring from the business.
Three brothers own and work in the Business. The owners will stay on after the sale for training to ensure a smooth transition for as long as necessary.
The Business occupies a large building with expansive retail space and loads of inventory in the warehouse. The building also houses a large workshop and service center, fitted with equipment and tools needed to custom fabricate irrigation pipe,along with substantial inventory. Sellers prefer to sell the Real Estate and Business together. The Sellers would also consider selling the Business only, and leasing the real estate.
Additionally, the 24 acre parcel of land located adjacent to the west of the Business, is also for sale and can be combined for a large, mixed-use project.
A former competitor was located nearby, but closed its Fruita location a few years ago. The Business maintains a loyal customer base, including businesses, local farmers, and homeowners.
The current owners are comfortable with the size of the Business and do very little marketing or advertising. A new owner might concentrate on automating the sales process with an inventory tracking system and point of sale hardware. A new owner should also consider creating a website with online inventory and sales software.
Seller will consider financing on a case by case basis.