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Manufacturer - Mixer Wagons for Livestock Feeding

Our firm currently represents a well-established and profitable manufacturer and distributor of a variety of mixer wagons used for livestock feeding for customers throughout the upper Midwest and Canada. Founded in 1971, the company is poised to achieve $2.1 million in revenue and $492,000 in EBITDA in FY 2009. A corporate Web site provides detailed information regarding the company, its products and services, and contact information. The customer base is composed primarily of distributors who sell to farms located throughout the upper Midwest, and to a lesser extent, Canada. An impressive product portfolio and diverse customer base result in an estimated 95 percent rate of repeat business and helps ensure continuity of the company’s operations. The company leases a 23,420 square-foot manufacturing facility from the shareholders at the fair market annual rate of $30,000. This facility will be sufficient to support pro forma growth projections. The owners are committed to remaining with the company for an agreed upon period following a sale to help the company realize its pro forma objectives.