Successful Auto Recycling Business For Sale

Business description

Profitable, established auto salvage business * operating for over 30 years, * excellent reputation, * loyal, trained personnel and a long-term customer base. This Auto Salvage business is known for personalized service and has been doing business with most of their current clientele for many years. The company operates from a 14 acre yard with over 1,600 vehicles in the current inventory. This Automobile Recycling center is clean, with no EPA issues. The company is well-organized, and uses a computer system to track inventory. The gross margin is in the 300% range, and this is a great cash business. The current owner, who is willing to stay on for a smooth transition, is currently working less then 40 hours a week. The cash flow is excellent, the market is growing, and the prospects for a more aggressive owner are outstanding. Call Roy Mita

Property information

Real Estate:

Real Property Included

Location:

The real estate was appraised at $950k. 14 acres, located a few miles from three major interstates. Building includes work bays, offices, and front counter and reception area.

Other information

Expansion potential:

The current owner has not made a sales call on a new customer in five years, and has more business then he can handle. A new more aggressive owner could capitalize on many of the opportunities the company is turning down. The company has five other growth options, all of which could double sales in a few years.

Support & training:

The current owner wants a new owner to succeed, and would stay on for a twelve week graduated transition period to make sure they are capable of taking care of the long term customers

Reasons for selling:

Owner has been doing this for 15 years and is ready to do something else.

Financing available:

SBA Pre-Qualfied

Furniture / Fixtures value:

$280,000 (included in the asking price)

Inventory / Stock value:

$640,000 (included in the asking price)

Related documents:

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• Required NDA