Buy a Business

This 20 year old auto Salvage Business is the New modern version of the old out dated “Junk Car Businesses”. This is now a new Computerized Internet Business, most of the customers are on the Internet or the telephone and the Parts are shipped by UPS, Fed-X or Motor Freight. The Markets are expanded out as far as the freight cost makes sense.

This Business does a little over $1 million in annual sales. The net including owners Benefits is $300,000. The Land and Buildings (13 acres) is included in the asking price. The Inventory is valued at $1.6 million which includes about 1,400 cars plus Hundreds of Engines & Transmission already remove from cars and on Pallets ready to ship. He has a large used tire Business. He Buys his cars from many sources including “Internet Auctions”. His Computerized Hollander Inventory System is the best in the Industry. He has 2 large warehouses filled full of Inventory ready to ship. He also has a nice office facility. The Asking Price is a firm $3.1 million. The owner will stay on for a Training period. The Business has the needed Car Crusher, they do a big profitable scrap metal business. Yhey have a Roll off Tow Truck and a Front end Loader that moves the Vehicles. He is now Buying about 60 cars per month. He has a staff of 5, 3 Mechanics pull the parts.

Please contact Dennis Riley for more info or an appointment to take a look.P