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  • RE:  Repairable Salvage Vehicles
  • Contact:  David Sweeten

Quick Facts

Asking Price: $1,500,000
Annual Revenue: $3,372,209
Net Profit: Not Disclosed
Cash Flow: $106,476
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1960
Employees: 3
BBN Listing #: 996145
Broker Reference #: #73815DS

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Business Overview:

Business has been family owned and operated for 65 years and has maintained a reputation for honest dealing with all buyers on the conditions known on each and every vehicle. Sales for the past 4 years have averaged over $4.0 million per year with Seller's Discretionary Earnings, SDE, averaging over the same 4 years to be in the $195,000 range. This is a high asset value purchase with estimated values: Real Estate-$750,000; Inventory of Vehicles $350,000; Equipment $150,000='s a total of approximately $1,250,000 in tangible value and the balance in intangible value estimated at $250,000. Seller's will consider a reasonable transition period to assist the new owner in learning the market and also will consider a negotiated seller financed amount.

Refer to File #73815DS. Please respond with your name, email/mailing address and telephone no.so we may send a confidentiality agreement.

Contact the Seller:

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button (above Quick Facts) and when you are done searching and have made all your selections, simply click on the REQUEST FREE INFO button at the bottom of this page.

Reason for Selling:

Kindly ask the seller for more information.

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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