Business For Sale Listing 147579
Thriving Agricultural Producer
Status as of Oct-6-2008 at 06:00 PM: Active
Business Summary
Our firm currently represents a long-running and highly successful agri-business, boasting 15,000 acres under cultivation and lucrative contracts with one of the most prominent food processors in the world. With EBITDA margins upward of 20 percent on revenues in the range of $28 million, and exciting prospects for continued success into the future, the Company is a prime target for an investor. Principally a potato production operation (91% of sales in 2006); the balance of revenue is generated by custom farming services (7%) and sales of specialty crops to local food processors (2%). Engages in two-to-five year fixed price contracts with its main customer. Gross revenue per acre averages between $3,500 and $3,900, versus an industry average of only $2,000. Well-run operation counts on an established and effective management team that oversees a year-round, full-time staff of 60 plus 50 seasonal production employees. The active principals would be willing to remain at least for an extended transition period. In full compliance with local, state, and federal EPA, OSHA, EEOC, and Department of Labor regulations, as confirmed by a recent audit.
Categories
Industry
Location
Financials
| Sales: |
Between $25 Million And $50 Million (28,700,000) |
| Profits: |
Between $5 Million and $10 Million (5,700,000) |
| Profit Type: |
Earnings Before Interest, Taxes & Depreciation (EBITDA) |
| Asking Price: |
Not Disclosed |
