Business Description
Talk about a used vehicle sales and recycling business at its finest and a chance to strategically diversify one's holdings and revenue stream, here you have it! Owner will sell businesses also, but primary focus is to sell separately the commercial properties and buildings. Income producing properties fully leased with two exceptions. Business is currently being evaluated, price above is for real estate, property, buildings only. Inventory is running about $200k per the owner. Owner holds class B, C, E and F licenses from State of MI. Most sales revenue generated from scrap metal sales.
About the Business
Year Established:
2002
Number of Employees:
0
Facilities:
4+ restrooms, lockers, security lighting and system. 10 acres+/- every building in excellent condition. Includes 4 separate addresses. One 3-bedroom home $800 per month rent, one 2-bedroom apartment above the 24x24 garage rents $550 per month. There also is a 2,160 square feet owner's suite - which is absolutely top of the line. One 48x120 building that handles the salvage related business includes employee showers and very cool break room, tool crib, surveillance cameras and system and an electronic fence. Agent remarks: 4 separate address here.. The owner rents out 3 of them and occupies the one at 15214 1/2. Willing to split subject to township approval. Show instruction: Appointment
Market Outlook/Competition:
As long as there is a need for used vehicles and cars and parts and the need to scrap metal, a continued need for this type of business will stay. When the commodity figures are reduced, the businesses' diversified income stream will help through economic fluctuations.
About the Sale
Reason For Selling:
Owner's health is failing - Must retire ASAP!
Training/Support:
All the training you want or need
Gross Revenue Comments:
2011
Cash Flow Comments:
Positive or Break even 3 yr average
Seller Financing:
Owner is ill, make an offer! Asset sale. Bank line of credit assumable per owner for the business if you would like the business purchase also or will consider asset sale only. Either way, owner is flexible with terms.
LISTING KEYWORDS: auto, vehicle, used auto sales, used vehicle sales, salvage, scrap, metal, trucks, vans, semi's, recycling, seller financing, land contract
