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Business For Sale
AUTO SALVAGE & RECYCLING BUSINESS
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Asking Price: |
$1,400,000
USD USA Dollars
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Business for Sale Industry: |
Auto & Mech: Retail
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Reason for Selling:
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Health & retirement |
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Year Established:
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1983 |
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# of Employees:
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20 |
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Yearly Revenues:
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$3,037,000 |
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Yearly Cash Flow:
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$585,000 |
Business for Sale Overview:
This listing has an OFFER PENDING... There's nothing more green than recycling, and recent interest in scrap metal only sweetens the deal! The formula for this business is straightforward: acquire salvageable autos from insurance auctions, remove and inventory the marketable parts for fast access to internet and phone inquiries. The counter is open to the general public, body and repair shops along with home mechanics frequent this business. Improved internet presence has dramatically increased activity over the last year! Then anything left of the vehicle is crushed for scrap. The Real Estate is available for an additional $1,400,000. Call for details. SIC 5015, 5093, 5531
Property Features and Assets:
17,814sf of warehouse and office space on 20+ acres of land. The real estate is available as a seperate sale. As a side note: typically, industrial zoning is not being granted in this area, so the most likely opportunity for this type of business is through acquisition of a “grandfathered” parcel.
Market Competition and Expansion:
Adding a sales representative to expand the sales territory and increasing the inventory would boost profits through additional sales. The company has acquired a substantial share of the local business over the years through excellent service, and the current facilities are sufficient to accommodate increased inventory. Also, the rising price of scrap metal has piqued interest in this type of business!
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- The owner is not willing to work for the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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