• Situated in North Central Missouri, specializing in cattle auctioning. Deals in feeder calves, sized cows, slaughter breeds, and bulls through supply partners utilizing livestock consignment.
• Revenue Growth: Increased from $3.2M in 2021 to $5M in 2023, highlighting a successful business trajectory.
• 2024 Projections: Targeting revenues of $6,410,000 with an expected $2.75M in seller’s discretionary earnings (SDE).
• Facilities: Includes a well-equipped auction building with new cattle pens, office space, and a quality restaurant.
• Real Estate: Offered in the asking price, the property is strategically located with operational efficiency, including renovated sections, roofing, concrete pads, fresh gating, and updated barn lighting.
• Zoning and Expansion Potential: Land is zoned for county use, with opportunities for business expansion and enhanced online engagement.
• Marketing Strategy: Utilizes a maintained website, ongoing print advertising in agricultural newspapers, and strong verbal referrals from a loyal customer base.
• Labor Force: Composed of 93 non-union employees and contract laborers, likely to remain post-sale providing stability during a transition period of up to three years.

Keypoints

     Property Included: $2.9 Million

• Type of Sale: Asset or Stock
• Equipment: $707,613
• Business Type: Livestock Auctioning
• Type of Company: S – Corporate
• SIC Code: 5154
• Inception Date: Started in 1990.
• Annual Turnover Rates:
• Receivables: 8.4x per year.
• Assets: 2.5x per year.
• Average Growth Rate of 18.1%!