MergerPlace

Profitable SE MN Ag Repair and Welding

Minnesota


  • Asking Price: $310,000
  • Gross Income: $251,520
  • Cash Flow: $111,390
  • Real Estate: $95,000
  • Inventory: $51,600
  • FF&E: $167,240
  • Listing ID: #199502
  • Established: 1960
  • Employees: 1 FT

Business Description

Well established, profitable agriculture maintenance and welding repair service. The business offers mobile agriculture equipment repair as well as in house welding and fabrication services. Included in the business is a comprehensive welding and fabrication facility offering all aspects of agriculture and metal repair.


Business Details

Primary Business Category: Contractors - Special Trade
Location: Minnesota

Company Information

Year Established: 1960
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 1 FT

Financial Information

Asking Price: $310,000
Gross Revenue: $251,520
Cash Flow: $111,390
FF&E: $167,240
Inventory: $51,600
Real Estate: $95,000
Seller Financing Available: Yes

Property Information

Facilities:

40'X100' Welding and Fabrication shop 25'X35' Storage shed 10'X10" Storage shed

Growth & expansion opportunities:

This profitable operation has significant growth potential. The current owner does not officially market the business or use credit card payment systems. The new owner could add several needed services for current and future clientele. Some of the services that may be considered are high pressure hydraulic line repair and replacement, all forms of drive belt install used for agriculture machinery, a full service machine shop with prototype fabrication services, retail sales, as well as introducing a marketing plan and the addition of a credit card payment systems. The addition of these services have the potential to significantly increase revenue.

Competition:

Having a well established reputation for high quality services this business has an excellent reputation with a very loyal customer base. There is very little to no competition in the surrounding area for these services. Various competitors in the industry have been closing shop over the past years driving increased traffic to the business.

Reason for selling:

Retirement.

Support & Training:

Will train for 2 weeks @ no cost. The new owner will need to be mechanically inclined and be willing to apply advanced repair skills in welding, agriculture machinery repair as well as metal fabrication.

Contact Business Seller

This form may be used only to contact the seller of this specific business listing. Please do not use this form for any other purpose.

Business Listed By:

Scott Krook

Murphy Business Brokers