Salvage, Auto Parts & Recycling Center

Location: United States -> Delaware
Industry: Auto Related > Auto Parts Retail and Distribution

Businesses for sale Summary

Summary Independently owned automobile sales and parts recycling center. Salvage and Used Car / Truck parts suitably located in an auto salvage park. Has a pre-owned car sales dealership department. Great returns (300-400%) on investment.

Asking Price $350,000.
Revenues $1,250,000.
Cash Flow $250,000.
Lease $3,000 / month: Lease to Own.
Lease Notes 2 Buildings on over 2 acres lot.
Reason for Selling Other business interests.
Entity Limited Liability Corp
Number of Employees 3 plus owner
Number of Employees Notes Owner Operated
Payroll $5,600 / month (1099)
Payroll Notes Not including owner’s salary.
Licenses Delaware Business Licence DE Automotive Recyclers Lic. DE Motor Vehicle Dealers Lic.
Parking Lot and Street
Hours Mon – Fri: 8am – 5pm Saturday : 9am – 3pm
Building Size Approximately 5,000/Sq. Ft
Building Size Notes 2 Seperate Buildings, about 2,500 sq.ft each. One building is used for car sales department. The 2nd building is used for Salvage and Auto parts.
Utilities $1,000 / month
Utilities Notes Toyal for all utilities: Electric, Water, Gas, Internet, Cable.
Equipment Tow truck. Heavy duty auto mover: Fork lift
Inventory Over 200 cars on lot. Parts: $500,000 in retail sales.
Comments 50 new cars per month. Good EPA rating. More than 300 to 400 percent return on investments.
Broker Comments Holds last license for salvage business type in the State. (State no longer grant permit for salvage business) Contact for more information on this Salvage, Auto Parts & Recycling Center for sale.

Financials

Asking Price Range:  $250K – $500K
Gross Revenues:   $1,250,000
Cash Flow:   $250,000
Cash Flow Type:  EBITDA
Seller Financing:  Not Disclosed

About The Business

Year Established:  2000
Number of Employees:  4 – 5
Relocatable:  Not Disclosed
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Not Applicable