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Business For Sale

Motor Salvage & Metal Dealer-£995,000

North Wales, United Kingdom, GB

Services: Non-classifiable

Business For Sale
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$1,600,521
$982,555
Not Disclosed
Not Disclosed
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
1969
0
444514382

Business for Sale Overview:

There has been a scrap metal dealer on this site for almost 100 years. The current business has some 40 years trading experience and in that time the business has established a real presence in the market it serves and an excellent reputation. It has a full waste management license and ATF (Authorized Treatment Facility) status. The business has several revenue streams. The majority of its work (60%) is generated from the dismantling and salvage of motor vehicles (cars and light commercial generally). The business then sells on the various components, both used and new, to a wide variety of clients within the trade. This also incorporates the sale and fitting if so required of tyres. The business also buys non ferrous metal – copper, brass, lead, aluminum etc. at very competitive prices for recycling purposes. In addition to this the business can also source new parts, tyres and components for customers if they do not have the items in stock as they have built up their own network of suppliers so as to ensure customer requirements are fully met. The company has an excellent website where customers can search for particular parts by make and model online and submit inquiries.

For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.

Property Features and Assets:

The site is freehold with value of circa £800,000. It is approximately 1.2 acres with full perimeter fencing. It is understood the current site could accommodate some 1,500 tonnes of scrap if need be. There is an onsite portacabin that houses the office and reception areas. There are also 3 containers on site that house the workshops and stores. The site has good access and is highly visible. There are many development possibilities for the site such is its position.

Market Competition and Expansion:

The business advertises in the Yellow Pages, local phone books and local press. The company has developed a highly informative website which allows customers to search for vehicles and components online and place inquiries with the business. In addition to this the business also uses E-Bay to list parts.

Reason for Selling:

The vendor is wishing to retire and travel.

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is a homebased business opportunity.
  • This is not a franchise resale opportunity.
  • This is not a distressed business or bankruptcy situation.

Resources:

 

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