Successful Welding and Trailer Sales Business Southeastern Minnesota


17441-81715
LISTING DETAILS:

Price: $695,000
Support & Training: 4 weeks
Reason for Selling: Retirement

BUSINESS DESCRIPTION

This growing and profitable business is located in Southeastern Minnesota on the outskirts of a thriving community. The business is based out of a beautiful building in a highly trafficked and coveted location. The business has multiple facets of income with the benefit of decreasing seasonal swings. A high standing in the community and a great reputation are huge assets to the business and its success. The owner is willing to stay on for an agreed amount of time to maintain current client and community relationships and make certain there is a smooth transition.

DETAILED INFORMATION

HISTORY:

The business has been in existence for over 35 years, and operated 14 years at its current location. Over the years the business has been able to grow into a well run and profitable operation. In regards to the welding side of the business, it has been able to obtain a large variety of work, ranging from farm industry projects and repairs to contract welding jobs. Trailer sales are another fairly large portion of the business in which the owner has recently grown along with radiator repair.

COMPETITION:

The business has advantages over its competition in the areas of location, visibility, and customer satisfaction. The location and visibility prove a great advantage to bringing in new customers. The central location is convenient for clients from the neighboring cities, as well as the rural communities. On the trailer sales side of the business, they also offer parts and service on site that not only is a convenience for customer, but also brings in extra business. Other advantages include their necessity to the community with the nearest competition being over 20 miles away. Being in the area for 35 years their customers know that they are going to get quality service.

GROWTH POTENTIAL:

The potential for growth within the industry is very high. Its prime location on a main corridor in the state and fantastic exposure equip the company with every opportunity to grow and continue success. By acquiring multiple facets of the business, an owner can focus on the growth of as many elements as desired. Adding business ventures in which the building and location can support are also very viable options. Another area for potential growth is advertising, the current owner does not do any so there are opportunities in this area.

Topics: Marine Related, Metal Related, Automotive, Machine Shop

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