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Very Profitable Auto parts recycling business with high profit margin
| Asking Price: | $1,700,000 | Inventory: | $1,000,000 ++ |
| Gross Revenue: | $800,000 | Real Estate: | $850,000 ++ |
| Cash Flow: | $250,000 (comments below) | FF&E: | $150,000 ++ |
| ++ included in the asking price ** not included in the asking price | |||
| Cash Flow Comments: mainly cash | |||
This 40 year old business is a very profitable business with very low overhead. It is a mainly cash business which means very little accounts receivables to chase. Of all the auto related businesses this is the most profitable, and the competition is very limited. There are no more licences being granted. This yard is very large ( two and a half acres). If modernized a yard of this size can increase its volume from $800,000 to around 6 Million, there are yards of this size doing that volume of business. It does not require a great deal of expertise. There is an internet network which can be used to sell all over the country.
About the Business
Year Established:1950
Employees:8 full time -
Facilities:Two and a half acres of land, three buildings and all the equipment necessary for a clean operation. All the land meets EPA requirements and passes inspection every year
Market Outlook and Competition:The business is well established. The competition is limited as auto salvage licenses are limited.
About the Sale
Management Training and Support:Owner will stay and train for a few months. Negotiable
Reason For Selling:Owner wishes to retire
Seller Financing:yes depending on the credit worthiness of the buyer
KEYWORDS: The auto repair business has three categories and licenses. Auto repair license, this allows only the repair of vehicles, and is the least profitable of the three categories, then there is the auto body repair business which is very profitable, especially if the company also has the repair, license, the used car license and the body shop license, as the insurance business can be tackled. The most profitable and the least difficult is the auto parts salvage business, which is what this business is. It has very high margins, very low overhead, and requires the least amount of knowledge of the industry.
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Current Search
Industry: Auto Related
Segment: Auto Parts Recycling Next Listing: Scrap Metal
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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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