Auto Salvage Yard And Used Parts Business For Sale
Location New Jersey,United States
Asking Price Range $500K - $1.0M
Gross Revenues $1630842
Net Profit / Cash Flow $168524
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1995
Number of Employees 4 - 5
Relocatable Not Disclosed
Number of Employees 4 - 5
Real Estate Leased
Training Seller Will train
Reason for Sale Personal
Description 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, which the owner will sell in a separate transactioni in addition to the price for the business, $850,000. The value of the business is negotiable. 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. SOME SELLER FINANCING IS AVAILABLE TO A QUALIFIED BUYER AT 8% OVER 7 YEARS. BUYER MUST HAVE A SUBSTANTIAL DOWN PAYMENT. All numbers are verifiable. Find out more about this exciting business by making your inquiry today!
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