Business For Sale; 01 -- Agricultural Production-Crops; THRIVING AGRICULTURAL PRODUCER, 26% GROWTH.The March Group currently represents a long-running and highly successful agri-business, boasting 14,000 acres under cultivation and lucrative contracts with one of the most prominent food processors in the world. Projected 2009 revenue growth of 26% to $44+ million, stellar EBITDA (Earnings Before Interest, Taxes, Depreciation and Amortization) A metric used to show a company's profitability, but not its cash flow. EBITDA became popular in the 1980s to show the potential profitability of leveraged buyouts, but has become margins, and exciting prospects for continued success into the future make this Company is a prime target for an investor. Principally a potato production operation (90% of sales in 2008); the balance of revenue is generated by custom farming services (9%) and sales of specialty crops to local food processors (1%). Gross revenue per acre averages between $3,500 and $3,900, versus an industry average of only $2,000. Well-run operation counts on an established and effective management team that oversees a year-round, full-time staff of 60 plus 50 seasonal production employees. The active principals would be willing to remain at least for an extended transition period. In full compliance with local, state, and federal EPA EPA eicosapentaenoic acid. EPA abbr. eicosapentaenoic acid EPA, n.pr See acid, eicosapentaenoic. EPA, n. , OSHA OSHA n. Occupational Safety and Health Administration, a branch of the US Department of Labor responsible for establishing and enforcing safety and health standards in the workplace. , EEOC EEOC abbr. Equal Employment Opportunity Commission EEOC n abbr (US) (= Equal Employment Opportunities Commission) → comisión que investiga discriminación racial o sexual en el empleo , and Department of Labor regulations, as confirmed by a recent audit. Gross Annual Sales: $44,800,000 Region: Midwest (ND SD NE KS MN IA MO WI IL MI IN OH KY) Listing #:52240 (B) [To receive the contact name for this listing, reference the five-digit number which follows each listing and e-mail to FirstList, mergers@firstlist.com. FirstList will forward the contact pertaining per·tain intr.v. per·tained, per·tain·ing, per·tains 1. To have reference; relate: evidence that pertains to the accident. 2. to the principal or intermediary Intermediary See: Financial intermediary intermediary See financial intermediary. representing the business for sale.] |
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