Agriculture Water Management Products |
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Business Description
This 31 year old company manufactures and distributes products that monitor and control sub surface water levels on farms in the mid-west. They operate from a 71,000 SF facility where they perform metal and plastic fabrication, powder coating, assembly, shipping and administration.
Distribution
Traditionally, the company produced and distributed catalogs and waited for the phones to ring. They recently cut down on catalog production and instituted 2 new sales and marketing programs. They hired an outbound telemarketing sales company to call customers and prospects; and, 2) they enrolled a distributor with outside sales people.
Operational Strengths
The Company is the largest and most technically advanced in their area. They hold 3 patents and have 2 pending. They have a non-union workforce of 50 very loyal and dependable employees.
The Transaction
The Owner is interested in staying on and working with a partner that can help him take the company to the next level.
Financial Information
Financial Summary FY 12/31 (000s)
|
2008 Est. |
2007 |
2006 |
2005 |
| Revenue |
$ 12,266 |
$ 11,692 |
$ 10367 |
$ 10,888 |
| Adjusted EBITDA |
$ 2,054 |
$ 1,655 |
$ 1,316 |
$ 1,263 |
Other Highlights
| Location |
Type of Financials
(audited, reviewed or compilation) |
Management Team in Place |
Years in
Business |
Other |
| Mid West |
Reviewed |
Yes |
31 |
C Corp |
Contact Information
Tom Emerling
Gottesman Company
3302 4th Ave. N., Ste 115 • Billings MT 59101
Phone (406) 655-4241 • Fax (406) 294-4243
www.yellowstonebusiness.com
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