
Profile: High Volume Dismantler/Wrecking Yard Has Great Cash Flow. Price Greatly Reduced.
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Ad/Listing Information
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| Financial Information |
Detailed Information |
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| Asking Price: |
$550,000 |
| Down Payment: |
$450,000 |
| Annual Revenue: |
$1,200,000 |
| Annual Adjusted Net: |
$480,000 |
| Price Range: |
$500,001 to $1 Million |
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| Franchise: |
No |
| Relocatable: |
No |
| Home Based: |
No |
| Real Estate Included: |
No |
| Bkr To Bkr Coop: |
No |
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Description:
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One Man’s Trash Is Another Man’s Treasure! Auto Wrecking Yard Is Now Available With Family Health Issues Prompting The Sale Of This Business. This Very Busy Dismantler/Wrecking Yard Is One Of Only 2 Major Foreign Car Wrecking Yards. With The Recession Business Is Even Stronger. Perfect Opportunity For A Family Run Operation.
This Auto Dismantler/Wrecking Yard’s Inventory Consists Of High End Foreign Cars And Parts. This Inventory Includes Over 600 Engines And 800 Transmissions. Excellent Relationships Have Been Developed Over The Past 20 Years Of Operation With Local Auto Dealers And Mechanics. This Business Also Enjoys A Strong Clientele Of Walk-Ins Looking For Parts. Landlord Just Received 15 Year License To Continue To Function As A Wrecking Yard.
Another Stream Of Income Exists When The Stripped Cars Are Then Sold For Scrap Metal. Lots Of Cash Flows Through This Business And We Have Solid Books To Prove It! With An On Going Month To Month Rental Arrangement (This Is Standard For All Of The Wrecking Yards In This Location.) Of 3,750 This Business Offer’s 3 Acres Of Work Space, 2 Storage Units, 2 Fork Lifts, 1 Hoist, 2 Cutting Torches. There Are 5 Full Time Employees Including The Owner Who Also Works Full Time.
Though This Is A High Cash Type Of Business Books Are Available (For Prequalified Buyers) Showing A Gross Monthly Sales Of 100,000 With A Monthly Net Of 40,000+. This Is After Payroll Of Approx. 14,000 Per Month.
The Asking Price For This Business Is 550,000 Plus Inventory Worth Between 1.5 And 2 Million. The Retail Value For This Inventory Is Over 6,000,000! Due To The Situation The Owner Is Open To Any Reasonable Offer And Is Willing To Carry Back Financing To A Qualified Buyer. Take A Look And See That This Deal Is Not Too Good To Be True.
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