North Location
- Estimated at 930,000 bushels of storage
- Averaged 1.85 turns through the elevator last five years
- Fully automated, modern designed feed mill built in 2020 with 25 Ton Per Hour Capacity
- Designed for Safe Feed/Safe Food Compliance
- Good location on edge of city with nice office
- Access to city water, sewer and gas
- Excess land for expansion
South Location
- Approximately 500,000 bushels of upright storage and an additional 350,000 bushels of flat storage (minimal usage of flat storage last few years).
- Located on edge of city with an additional 15 tillable acres
- Operated as a seasonal unit with throughput of approximately 500,000 bushels of corn and soybeans annually over last five years
- Access to city water, sewer, and gas
Other Features
Ask Price of $7,000,000
- Long tenured customer base for both grain and feed. Mill customers diversified between hogs and cattle.
- Solid labor force to provide immediate staffing.
- Seller willing to entertain offers on a single location.
- Other revenue sources: Direct shipment of grain (5 million bushels in last five years), storage units, & retail building lease
- Opportunity for livestock producer to vertically integrate to control and reduce costs.
- Room for expansion at each location: Grain Storage, Agronomy, Energy, etc.
- Discount to cost of a new facility. Buyer can leverage by increasing throughput and adding services.
- Ability to purchase a going-concern with immediate cash flow.
Additional information available upon a signed Confidentiality Agreement. Contact agents for additional information: Ben Isaacson at 319-350-6084 or John Airy at 319-350-0474
