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DealProspect/Listings/Agriculture

Farm Machinery & Tractor Hire Business

Equipment Hire

ActiveAgricultureB2B
Asking price
$1,785,000
Disclosed · NZD
Revenue (est.)
~$1,091,810
Estimated · comparable listings of this type and size
Earnings (est.)
~$562,417
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~3.2×
Assumed · asking ÷ estimated earnings (as advertised)
Brief
  • A well-established business hiring out farm equipment and tractors on short- and long-term hire to the farming community and to agricultural and civil contractors throughout the South Island.
  • Substantial modern equipment, from tractors, cultivation and seed-drilling gear to farm-maintenance equipment and dump trailers.
  • Forward contract work signed up, with around half the equipment out on long-term hire.
  • A good regular client base, with a full hire guide and price list; a yard is available for rent, or the business can be relocated. Minimal input, suited to an owner-operator or as an add-on.