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Russ and Pat Lee

I wanted to thank not only Joan for helping me find the best business but also her assistant Patrick. They work as a team, and when Joan’s tied up, Patrick always had answers for me. It’s like having two people working to help you find a business. We appreciate it! Thanks for not letting us get into the food business in Santa Cruz. more...

 

 


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Listing Information
 
Agribusiness Supply, Auto Parts, 2 Locations
Listing ID: SB520 Location: California's San Joaquin Valley
Broker: Eric Nielsen Ph:(408) 436-1900
Brief: Leading supplier to regional agribusiness & local consumers. Real Estate included.
Listed Price: $575,000 + inventory
Total Sales: $2,664,000 per year
Seller's Discretionary Earnings: $305,100 per year
Fixtures Furniture, & Equipment: $175,000 (Included)
Real Estate: 2 locations; available for lease or purchase
Inventory: $525,000 (Not Included)
Financing / Terms: Negotiable for qualified buyer
   
Business Information
Year Established: 1925
Number of Employees: 15 Full-time / 4 Part-time + 1 FT working owner
Days and Hours of Operation: Mon – Fri: 8:30 am – 5:30 pm; Sat: 8am-3pm; Sun: 9am-1pm
Relocatable: No
Franchise Information: N/A
Facilities / Location: Location 1: Land: Apprx. 34,300 sq. ft.; Improvements: Apprx. 24,900 sq. ft.
  Location 2: Land: Apprx. 24,300 sq. ft.; Improvements: Apprx. 12,900 sq. ft.
Lease Information
Lease Expiration Date: N/A
Option: N/A
Monthly Rent: Location 1: $4,000 per Month
  Location 2: $2,000 per month
Additional Information
Reason for Selling: Retirement
Business Description:

A long-established agribusiness supply company is available for acquisition in California’s San Joaquin Valley. Owner has decided to retire.

Originally established as a fabrication shop, the company has expanded to include two locations and evolved to become a leading supplier of hardware, farm supplies, auto/truck parts and equipment repair to regional agribusiness and local consumers. The business has grown revenue and profits by focusing efforts on hard good supply and auto/truck parts sales.

New ownership will benefit from the loyal and diversified regional agribusiness customer base as well as local consumer trade. The company serves as an anchor for both communities in which they operate and the unique demographics of the region will allow the business to grow without a foreseeable threat from competition. Improvements in IT will significantly lower operating costs and both facilities are large and will easily accommodate product & service expansion.

Sale price includes all Fixtures & Equipment at both operations. There is considerable yard space at both locations. The Seller owns the Real Estate at both locations and is willing to write a long term lease or negotiate a sale of the Real Estate. This is an organized business with excellent books and records.

Sunbelt of the Greater Bay Area
2001 Gateway Place, Suite 230E San Jose, CA 95110 Phone (408) 436-1900 Fax (408) 436-1996
6700 Koll Center Parkway, Suite 130 Pleasanton, CA 94566 Phone: (925) 600-0414 Fax: (925) 369-7270

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