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Feed Supplement & Equipment Distributor Selling to Large Dealer Network/Ranch Direct/Retail Located in Montana #68353 Sign ► NDA 2024 Net Sales Est. $9,400,000 2024 EBITDA Est. $479,000 DISCLAIMER: All information contained in this document has been provided by the subject company to Generational Equity and while believed to be correct has not been verified. Accordingly, Generational Equity makes no representations or warranties as to the accuracy and truthfulness of such information. The recipient hereof acknowledges that Generational Equity shall not be liable for any loss or injury suffered by said recipient in any way connected to the delivery by Generational Equity of this document. At all times Generational Equity and its affiliate network members is an agent for the seller and not for the buyer. Generational Equity's fees are paid by the seller. Frederick T. Zweifel Senior Managing Director - M&A Email: fzweifel@generational.com Office: 972-232-1109 Generational Equity, LLC 3400 N. Central Expressway, Ste. 100 Richardson, TX 75080 Fax: 972-392-8564 BUSINESS HIGHLIGHTS The Company sells nutritional supplements and livestock handling equipment to the agriculture sector. It represents top manufacturers' brands of uniquely better products that optimize animal health, forage utilization, and producer profits. The Company sells through a dealer network (49%), direct to ranches (47%), and to retail customers from its own store (4%). Customers are based in Montana, Wyoming, Nebraska, North and South Dakota, Kansas, and other states. The Company differentiates itself from other distributors by focusing on higher quality products that maximize animal health, providing exceptional customer service, and managing and educating a robust dealer base. INVESTMENT BANK OF THE YEAR 2016 - 2017 - 2018 - 2022 INVESTMENT APPEAL • Significant Opportunity for Growth — Founded over 15 years ago, the Company is well established with an excellent reputation for market knowledge, quality products, and superior customer service. Management believes it has the best supplement program on the market yet currently has low market share (less than 0.5% of cattle in the Company's territory are on its products). • Exclusive Marketing Rights — The Company is the exclusive distributor in a 6-state area for a recognized livestock and horse supplement manufacturer. It also has distribution rights for other top brand nutritional supplements and cattle handling equipment. • Large Customer Base — The Company has many strong and longstanding customer relationships and benefits from a high rate of repeat and referral business. Boasting over 1,200 accounts, the largest generates less than 5% of total sales. • Infrastructure Designed for Efficiency — The Company has two strategically located warehouses in two states to serve its agricultural customer base. They include a 30,000 square-foot facility, leased from a third party, and a 40,000 square-foot facility (and retail store), leased from a related party. In addition, the Company's truck fleet and tiered pricing enable efficient delivery to ranches. • Increasing Gross Profit Margin — The Company's gross profit margins have steadily increased from 24.6% in 2021, to 25.4% in 2022, and to 26.5% in 2023. This trend reflects the sale of higher-margin products. Geographic Markets