Agricultural Industry Automated Process Control System
Location: Massachusetts, United States
Category: Technology and Internet
Type: Established
Asking Price: $1,500,000
Cash flow: $200,000
Revenue: $600,000
Gross Income: Not Disclosed
Inventory: Not Disclosed
FF&E Not Disclosed
Real Estate: Not Disclosed
Proven entrepreneur has designed, developed and brought to market an internet based process control system that enables the agricultural industry or any weather sensitive business or municipality to monitor and apply the just-in-time application of water flow and water pump control activity from a remote location. The cost savings to the end user are immediate and measurable in labor hours, fuel consumption and the conservation of a very valuable and limited resource - water.
The company introduced their first product to a niche irrigation agricultural sector in 2004 and gained immediate acceptance. The U.S. Department of Agriculture has and is providing grant monies to this niche sector to speed the implementation of the systems. Sales are approaching 140 units to date and the realistic sales opportunity in just one small industry sector alone exceeds $10 Million. The system is scalable and easily adaptable to many markets and applications.
The system is comprised of both hardware and software components. The hardware components - wireless sensors, transmitters and receivers, etc. are assembled in a compact enclosure and installed on-site by the company or shipped in a kit and installed by the customer. The custom software is accessed over the internet and is very user friendly. The user has complete control over the process, and can monitor the past and current weather or soil conditions and adjust the water flow application from their remote office over the internet. An e-mail confirming the start-up or shut down of a process is sent to the end user to confirm the completion of an activity.
This company is working on a 65% gross profit margin at low production levels and is very profitable. The owner is the only sales person. Dealers are currently being signed up to sell the system.
This is a perfect opportunity for a company, who understands the agricultural industry, has the financial resources and infrastructure to further develop this scalable technology, and who has the marketing depth to promote and penetrate the market. Potential users include fruit growers, vineyards, agriculture community, municipalities, and any weather or water control application.
The company is being offered for $1,500,000 as an asset sale. The owner and a key developer are willing to stay on after the acquisition for at least one year. This is a confidential placement that is being offered to select qualified parties.
Reason Selling: The owner is selling the business as he does not have the financial or marketing resources to expand the business.
Number of Employees:
Year Established:
Share Ad
Print Ad