Offered For Sale Commercial Facility on 3.2± Acres

OFFERED FOR SALE
Commercial Facility on 3.2± ACRES
ROSS County, OH - Buckskin Township
Address: 3540 SR 28, South Salem, Ohio 45681

* Turn-Key Feed & Supply Company
* Well-Established & Diversified
* Consistent Positive Cash Flow
* Grain Merchandiser
* Country Elevator
* Feed Mill & Dealer
* Farm Supply Retailer
* Excellent Reputation
* Loyal & Satisfied Customers

Garman Feed & Supply, Inc. is a well-established, diversified, and profitable agricultural supply and marketing company.  It is a combination of a grain merchandiser, country elevator, feed mill and dealer, and farm supply retailer.  Garman consistently generates positive cash flows.  It has an excellent reputation, a large number of satisfied and loyal customers, and substantial market share.

Utilities available to the site include public water from Ross County Water and 400 amperes electric service from American Electric Power.  Garman also has a private well drilled at a depth of 151 feet.  A 1,500-gallon septic tank and leach system is used to dispel waste water from the facility.  Garman has (3) 1,000-gallon propane tanks to fuel the grain dryer and heat the shop. Annual Property Taxes $1,920.00

1 â?? Office/Drive-Thru:  50â?? x 100â??, 2 office areas, show room, 2-station customer service area, scale room, drive-thru area for customers to be loaded with bagged products.  The 10â??x60â?? deck scales with a 100,000 pound capacity is located immediately in front of the building.
2 â?? Shop:  16â??x40â?? shop area, heated, overhead door, 220 3-phase electric
3 â?? Covered Concrete Pad (next to Shop):  18â??x30â??, maintenance area
4 â?? Lower Warehouse:  30â??x56â??, 2 sliders, racking on 1 side
5 â?? Dry Fertilizer Warehouse:  36â??x90â??, loads from the back side, 5 bays each with a 65-ton capacity, 1 bay with a 150-ton capacity, 6-ton Doyle vertical blender, 24â? load-out conveyor, 40â?? load-in belt conveyor/under-car unloader
6 â?? Certified Dike:  40â??x60â??x4â??, currently contains (2) 30,000 gal. tanks with a total capacity of 320 tons,  (5) 2,500 poly tanks â?? can pull together or separate, (2) 5-hp 3-phase load-out pumps
7 â?? Mill:  24â??x36â??, mill equipment for custom mixing
8 â?? Warehouse: 36â??x70â??, ingredient storage

Storage:
48,000 bu. corn bin
30,000 bu. corn bin (new in 2011)
30,000 bu. soybean bin
30,000 bu. mill bin
5,000 bu. dryer wet bin
3,500 bu. loadout bin
There are (2) concrete dump pits and (2) spouted loadouts with a capacity of 2,500 bushels and 5,000 bushels per hour for beans and corn, respectively.

Rolling Stock:

  • IH 2554 Truck, DT 466, 2-speed transmission, full float, Out Back guidance system, Chandler SS spreader box for lime or fertilizer
  • IH 2554 bulk-feed truck, DT 466, 5+2 transmission, 9-ton Duesway bed, newer engine
  • Bobcat 773 diesel skid loader, 2600 hrs., new tires, (2) buckets
  • 1980 Clark gas forklift
Garman has generated the following annual revenues:
2016 â?? on target for $3.0 million
2015 - $3.2 million
2014 - $4.0 million
2013 - $4.67 million
The companyâ??s previous concentration on sales of fertilizer, seed, and chemicals were reflected through increased revenue in 2013 and 2014.  In 2015 and 2016, sales in these markets have been minimal due to change in focus .

Garman Feed & Supply, Inc. is the only remaining independent ag supply/grain marketing company in the area.  The community relies heavily on its products and services.  Investigate the income potential offered here for an individual or family to grow market share selling seed, fertilizer, and chemicals as well as providing custom application while still servicing the bagged and bulk feed sector.  Consider the opportunities offered here!