Profitable auto recycling business in the South
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The Company is a profitable, clean and well-organized automotive parts recycling business serving customers across its regional market in the Southern part of the country (TN, AR, MO, MS, IL). Thousands of cars are set in the yard of more than 25 acres.
This recycler focuses on preparation of high-quality parts and maintains an organized facility that supports efficient operations. The General Manager is expected to remain with the business to provide operational continuity for the new owner. Seller financing may be available to well-qualified buyers.
Call broker George Metos at 801-440-3176 for a few more details, and the parties can decide if an NDA is appropriate based on buyer's background and financial qualifications.
This recycler focuses on preparation of high-quality parts and maintains an organized facility that supports efficient operations. The General Manager is expected to remain with the business to provide operational continuity for the new owner. Seller financing may be available to well-qualified buyers.
Call broker George Metos at 801-440-3176 for a few more details, and the parties can decide if an NDA is appropriate based on buyer's background and financial qualifications.
About the Business
- Years in Operation
- 43
- Employees
- 21 Full-time
Most of the employees have been with the company for many years - Facilities & Assets
- This is a clean, modern yard which is environmentally sound. At over 25 acres of flat land, the yard is larger than most auto salvage yards. Currently 2,400 cars on the premises, with space for up to 4,000 total. There is ample warehouse space for engines, transmissions and small parts, as well as warehouses for the equipment for weather protection. The facility has a modern 4-bay dismantling building and lots of parking for customers and employees. The Company uses the Pinnacle yard management system and Car-Part as well. The owner of the business owns the real estate and will offer a lease with right of first refusal for the buyer of the business to acquire it.
- Market Outlook / Competition
- The Company is able to buy a sufficient number of cars at a reasonable price. Employee costs are under control. The auto recycling industry is mature, so there have always been competitors. The key is to offer great service and make their parts available to recyclers across the country via Pinnacle and Car-Part.
- Opportunities for Growth
- The company recycles 90-100 cars per month. The current owner has the cash to buy enough vehicles to feed the dismantlers, keep the sales staff happy, and generate profits. A wealthier owner could ramp up car buying even further, hire a few more staff members, and increase profits. Once the new owner is comfortable, there are dozens of yard owners in neighboring states that are nearing retirement age and willing to sell.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 39,000
- Rent
- $18,000 per month
About the Sale
- Seller Motivation
- The owner enjoys the business, yet wants to see a wealthier owner to expand it.
- Transition Support
- The owner is an experienced, hands-on General Manager as well. His intention is to stay on full time. He's happy to train the new owner, whether that new owner intends to work the yard or be absentee.
- Financing Options
- To be discussed, based on buyer's financial qualifications
Listing Info
- ID
- 2532135
- Listing Views
- 44
Listing ID: 2532135 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. See our full Terms of Use. Learn how to avoid scams.
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