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Ag Fertilizer Application Service For Sale - Watsonville, California
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Profile: Wholesaler And Retailer Of Plant Nutrition And Plant Protection Products.
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Ad/Listing Information
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Contact Information |
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| Seller Or Contact: |
Jeff Hoops, Broker
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| Primary Phone: |
805-227-0590 |
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| Alternate Phone: |
None Given |
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| Email Address: |
Email This Advertiser |
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| Date Started: |
9/26/08 |
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| Date Last Revised: |
9/26/08 |
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| BizBen Ad #: |
123515 |
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| Financial Information |
Detailed Information |
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| Asking Price: |
$3,650,000 |
| Down Payment: |
$3,000,000 |
| Annual Revenue: |
$5,000,000 |
| Annual Adjusted Net: |
$499,000 |
| Price Range: |
Over $2 Million |
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| Franchise: |
No |
| Relocatable: |
No |
| Home Based: |
No |
| Real Estate Included: |
Yes |
| Bkr To Bkr Coop: |
Yes |
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Description:
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The Company Is A Well Established Wholesaler And Retailer Of Plant Nutrition And Plant Protection Products. Products Include Both Conventional And Organic Materials As Well As Support Services Including Delivery, Site Storage, Application, Custom Blending And Crop Monitoring.
With 88,000 Farms And Ranches, California Agriculture Is Nearly A 32 Billion Dollar Industry That Generates 100 Billion In Related Economic Activity. California Has Been And Continues To Be The Most Productive Agricultural State For More Than 50 Years. Farmers And Ranchers Have Depended On The Company’s Blend Between Cutting-Edge Technologies And Advanced Agricultural Practices.
The Company Currently Services Conventional And Organic Vineyards, Farms, Ranches, Orchards And Greenhouses Within A 3 County Area. .
Distribution Of Fertilizers And Pesticides Is A Relatively Fragmented Market With No One Vendor Comprising A Majority Share. The Company Maintains An Estimated 20% Overall Share For All Products Categorized As “Conventional” Fertilizers And Pesticides While Maintaining A Significant Overall Share In The Case Of All Products Categorized As “Organic.”
Based On The 10% Growth In Acreage And 1997 USDA Base Estimate Of 96,000 Acres Of Organic Production In California, As Much As 10% Of California's Cropland Acreage Could Be Organic By 2025. Because Of The Company’s Knowledge It Is Well Positioned To Maintain Growth In The Organic Sector Well In To The Future.
The Company Enjoys A Long-Standing Reputation For Excellence And Customer-Oriented Service Along With Unique And Proven Knowledge In The Area Of Organic Crop Production While Delivering Superior Cost Economies For Its Growers. Categories Of Crops And Expertise Include Vegetables, Fruits And Nuts As Well As Sod Production
The Company Is A Steady Performer With Annual Sales Consistently Over 4M While Producing Overall Gross Margin Levels Of +/-35% And An Adjusted Sde Of +/-8%.
The Ideal Acquirer Is A Company In The Sector, Who Brings Additional Resources And Expertise As Well As Leveraged Buying Power For Commodity Products To Best Compete Within An Increasingly Discriminating Base Of Large-Scale Producers Or A Company Looking To Fill In An Area Of California Not Currently Served.
Centrally Situated Within A Tri-County Area Of One Of California’s Most Productive Growing Regions; The Company’s Facilities Include Large Warehousing Space, Expansive Tank Farm, Offices And A Shop Area – All Situated On Ample Acreage To Support Significant Expansion While Being Located On Highway Frontage For Easy Access.
2005 2006 2007 Proj
Annual Revenues 5,180,898 4,227,225 5,000,000+/-
Sde 375,283 346,081 499,055
The Owners Are Interested In Either Remaining With The Operation On Either A Short-Term (6 Mos.) Or Long-Term Basis As Management To Help Nurture And Guide Future Growth Based On Acquirer’s Needs.
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For More Info Call: (Please Mention You Saw This Ad On BizBen):
Jeff Hoops, Broker at 805-227-0590 |
See All Our Other Businesses For Sale We Have Available
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| 2009-01-09 |
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