Business For Sale

Business Overview:

This auto salvage yard and used parts business has a documented track record of growth despite a tough economy, and it is well positioned for strong growth in the future. The primary focus of this business is the profitable auto parts market rather than scrap. The northeast New Jersey location near major highways makes it easy to deliver parts to other auto salvage yards, auto body shops and auto repair businesses. Retail sales are a low 15% of total sales. The business has a 15 year history, and for the last 8 years the current owner has aggressively expanded sales to the point that 4 trucks make deliveries to customers every day. In addition the owner is rapidly increasing storage capacity and inventory to increase profit margins. All inventory is computerized and organized for easy access. Slow selling inventory is continuously purged. The rent for this 2 and one half acre yard is substantially below market at less than $4,600 per month. The asking price includes both a car dealer license and a salvage yard license. The car dealer license is worth $25,000. It is difficult to put a price on a salvage yard license, because no new licenses will be issued in northeast New Jersey, but the owner estimates the value is as much as $175,000. The inventory is conservatively valued at more than $500,000, but the owner will include the inventory with the selling price of the business, $525,000. With a strong local base already established, the right buyer with overseas contacts can develop the very profitable export market to realize the full potential of this business. All numbers are verifiable.

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.

Reason for Selling:

Personal

Additional Details:

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