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Established Auto Wrecking Yard with Real Estate
Auto Related - Auto Parts Retail and Distribution | Wholesale and Distribution - Wholesale and Distributors
| Asking Price: | $100,000 | Inventory: | $40,000 ++ |
| Gross Revenue: | $137,400 | Real Estate: | $750,000 ** |
| Cash Flow: | Not Disclosed | FF&E: | n/a |
| ++ included in the asking price ** not included in the asking price | |||
This successful long established auto wrecking and salvage yard is the only such licensed business in their town and the nearest competitor is 8 miles away. It has been providing a good living for the owner and his son for many years. They are connected with the Gold Ticket Parts Location service and the Inland Auto Dismantlers Association for the local area with internet VOIP and Verizon’s high-speed Fios fiber optic service. The Company has long-term repeat customers in San Bernardino, Riverside, LA and Orange Counties.
Their facility is being divided so that another business could be operated out of the same building adding some rental income. One outside 40’ enclosed storage container. The half acre lot can store up to 150 cars stacked two high. Concrete dismantle area. No environmental issues. Real estate is available on a long-term lease or for purchase to a buyer with a strong credit history.
Their facility is being divided so that another business could be operated out of the same building adding some rental income. One outside 40’ enclosed storage container. The half acre lot can store up to 150 cars stacked two high. Concrete dismantle area. No environmental issues. Real estate is available on a long-term lease or for purchase to a buyer with a strong credit history.
About the Business
Year Established:1971
Employees:1 full time -
Facilities:1,132 square foot building, plus a 602 square foot basement on a half acre lot which is owned by the seller. Owner will sell the real estate or write an attractive long-term lease at fair-market-value.
Market Outlook and Competition:This is the only wrecking yard in their city and is grandfathered in with no other wrecking yards allowed. The closest competition is 8 miles away.
About the Sale
Management Training and Support:Seller will provide a good transition training period and the company's one, 30 year employee, would likely stay with the company.
Reason For Selling:Retirement
Seller Financing:Seller Finance: (USD $)$25,000 at 8.00 % for 36months
Seller will carry a note for 70% of the real estate purchase price
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Industry: Auto Related
Segment: Auto Parts Retail and Distribution | ||
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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