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RE:  Auto Salvage & Scrap Metal Business Used Car Sales Contact:  Dennis Riley

Quick Facts

Asking Price: $4,900,000
Annual Revenue: $1,200,000
Net Profit: $285
Cash Flow: $480,000
Total Debt: $20
FF&E: 4,000,000
Real Estate: $1,200,000
Year Established: 1968
Employees: 6
BBN Listing #: 77762144
Broker Reference #: 7005

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Business Overview:

An Auto Salvage yard & Scrap Metal with used cars sales -- One of the oldest on the East Coast with the Largest inventory of over 4,000 Cars & 2 large warehouses full of valuable Inventory. Inventory at cost is over $3 million. There is a large investment in the removal and warehousing of Engines, Transmissions and 'Tens of Thousands' of other Parts. There is 23 acres of land that is part of this asking price. The new owner should build more warehouses and make this an Automotive Industrial Park. This Business has and is today working from the 'Old School' today the Auto Savage Business is an 'INTERNET' Business. When the New Owner Upgrades the Management Systems to today New Standards, the sales should go up to over $4 Million. The Inventory is already their that will be purchased at below market levels. The Broker handling this transaction is a specialist in Auto Salvage yard sales Dennis Riley need to have a special Conversation with you about this opportunity.

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Property Features and Assets:

This Business is located on a Main Cross Roads of the East Coast. The New Internet Salvage Business need to be able to ship parts by UPS or Motor Freight over night. This Business is ready to be the Number one supplier of quality used parts to the Auto Body Insurance repair Business. Those 4,000 plus cars need all valuable parts removed and warehoused and ready to be shipped the day they receive the order. This Business has about 20 'Profit Center that need to be Talked about.

Market Competition and Expansion:

One of the most important options in this opportunity is to every 6 months or so to open a New Automotive 4,000 to 10,000 square feet Warehouse. The first being full of the largest Inventory of Headlights, Tail Lights & other automotive electronics. The Investor Buying this Business should be the Land Lord collecting the rent, and sell off that division of his auto salvage Business. Again The Broker Dennis Riley needs to talk with you about this option.

Reason for Selling:

Retiring, but will work for new owner.

Additional Details:

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

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