Legacy Service & Sales Agri-Business in Central Iowa Opportunity
Non-Disclosure & Confidentiality Agreement Link
Location: West-Central Iowa
Established: 1991
Trailing 3-Year Financial Averages
- Gross Sales: $5,000,000
- Annual Adjusted EBITDA: $700,000
- Annual SDE: $875,000
- Annual EBIT: $436,000
Minimum Business Asking Price: $3.80MM
- Open to Asset or Stock Sale
- Includes $250,000 in Inventory
- Includes $3.5MM in FF&E
Real Estate*: $1MM
- *Not included in the business asking price
- Seller's estimated real estate value: $1MM
Business Summary
Services to the local agricultural and farming communities include manure spreading, land rolling, equipment rental, trucking, and more. Locally owned and operated, the business also provides sales and service to agricultural, construction, and lawn & garden equipment customers in west-central Iowa since 1991.
The business sells and services high-quality agricultural equipment from prominent manufacturers across the region. Additional services include mobile oil changes, parts, online auctions, and more.
The business maintains a large fleet of continuously upgraded rolling stock required to provide its land application, hauling, and trucking services for very long-term and loyal customers within a 120-mile radius. Growth is available within that radius, and the owners often turn down business from around the Midwest.
Support & Training
Seller will provide transition services for 6 months as part of the purchase price and will be available to consult indefinitely, pending the buyer's standards and needs. Two owners currently pay themselves $300k annually. One owner's payroll, admin, and banking roles can be absorbed internally. Operations, estimating, logistics, supplier relations, and inside sales performed by the other owner needs replaced either by the new owner or a new owner hired GM. The re-casting at the CIM will show $175k annually of the $300k remains available to backfill these two roles as the new owner sees fit.
Please complete the NDA at this link here, and a Marigold Resources broker will contact you directly to confirm receipt of Confidential Information Memorandum 1.0, outlined below.
CIM 1.0 Includes:
- Background / Reason For Sale
- Business Summary
- Support & Training
- Business Asking Price / CRE Valuation
- Historical Financial Summary EBITDA, EBIT, and SDE Analysis 2019-2025
- Staffing Org Chart w Tenure & Comp
- Trailing 3 Year Averages EBITDA, EBIT, SDE 2021-2025
- Operations Summary
- Products & Services
- Location, Building, Equipment Photos
- 17 Buyer Questions & Seller Answers
- April 2026 Rolling Stock & Equipment List
- Website Information
- Location Information
Seller is advised by Marigold Resources in Davenport, Iowa, and Seller pays Marigold's fee.
Please contact Marigold Resources at (563) 424-5707
Chris Barnard - Managing Partner cbarnard@marigoldresources.com
Todd McGreevy - Managing Partner todd@marigoldresources.com
DISCLAIMER: All information contained in this document has been provided by the subject company to Marigold Resources, and while believed to be correct, has not been verified. Accordingly, Marigold Resources makes no representations or warranties as to the accuracy and truthfulness of such information. The recipient hereof acknowledges that Marigold Resources shall not be liable for any loss or injury suffered by said recipient in any way connected to the delivery by Marigold Resources of this document. Marigold Resources’ fee is paid by the Seller.