Heavy Equipment and Machinery Dealer for Agriculture Industry

ASKING PRICE:  $480,000
LOCATION:  Nova Scotia

This profitable business has over 50 years of successful history in the region. The company supplies heavy and light equipment and machinery and provides service to agricultural clients. It sells and services the leading brands in their field. They have several decades’ long and well established relationship with the manufacturers of these globally leading brands. The company also sells and services some complimentary products that are only offered by two other businesses in Nova Scotia and New Brunswick.

The company has an excellent reputation for good service and a great location from which it serves customers throughout the three Atlantic Provinces. The current owners have identified a number of opportunities for growth and increased profitability.

This is an ideal business to somebody who has interest and experience on equipment, machinery and sales or for an existing company to expand their operations.

This transaction will be structured as a sale of shares. The fixed assets and goodwill of the Company are valued at $480,000.  Inventory and accounts receivable are additional and it is estimated that their value at time of closing will be approximately $846,000.  A buyer should anticipate an equity investment of approximately $149,000.  The final sales price for the shares of the Company will be determined at the time of closing after adjusting for current assets including accounts receivable and inventory, and liabilities and taxes outstanding at that time.