Auto Salvage Yard For Sale
Location New York,United States
Asking Price Range $5.0M - $10.0M
Gross Revenues $4000000
Net Profit / Cash Flow $1000000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1970
Number of Employees 6 - 9
Inventory Inventory: $950000. FFE: $250000.
Relocatable No
Number of Employees 6 - 9
Real Estate Owned
Training Seller will completely train.
Reason for Sale Retirement.
Description This is a highly profitable business and is well-positioned for the current economic situation as more people are fixing their old cars instead of buying new ones. The company salvages used cars and sells the motors online. Purchase price with real estate $5,300,000. Seller financing:50% down on business portion and 15% down on land portion of sale. Land must be sold along with the business as a package.
Year business was established: 1970
Number of employees: 4ft/2pt
Facilities / terms of lease: one acre in a prime location. Land use grandfathered in- epa-ok 2 custom buildings include offices and warehouse facilities. Suffolk county, NY. Long island.
Lease expire: 12/31/2021
option: 5 year option
lease terms: new lease tbd
potential growth/expansion: unlimited as there is an unusual amount of requests for product from an amazing array of buyers in third world countries.
Competition: in business profitably and consistently for 40 years. Limited to no competition locally.
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