Buy a Business

This Auto Salvage Business is at the Intersection of 2 Interstate major Highways. It is a 30 year old Business with over 1,500 cars of Inventory, he is still Buying about 15 to 20 cars per month. The present owner is now doing good growth moving into internet sales, the new Owner will want to expand into several New “Profit Centers”. We would like to find a Buyer who wants to be # One in the “Motor Cycle” salvage Yard Sales. There is room for someone to be the Number One Company in The United States Selling Motor Cycle Parts on the Internet. The shipping & labor costs are much lower than the automotive Parts business. The Automotive Parts Business has been expanding and sellers are getting much Better prices for older inventories.

This Seller is now expanding his used Windshield Replacement Business. He recently purchased a New Windshield Business, so that he could buy Windshields directly from the Manufacturers or distributors. This is a key ‘Profit Center that will help Double Sales & Net Profits in the next 12 months. We expect the glass Windshield & other Window sales to expand by over $500,000 in the first 12 months. We are suggesting that you will be Building a new 3,000 sq. ft. Building, just for your glass business. You will need a 4,000 sq. ft. just for the New Tire & Rim business plus ‘’Hub Caps”. You will want to talk with Dennis Riley about your Options to SELL your Tire Business to a new owner at A Big Profit and you will still be their key supplier of used tires, Rims and other automotive products your ‘TENANT’ wishes to buy from you.

This Business has 20 acres to expand on. There is room to build new warehouses for the ‘Ready to ship” parts. There are 2 homes on the Property that provide Rental Income. The Low asking price is $3,950,000 a great Investment. The Real Estate and 6 Buildings have an appraised value of about $1.7 Million, The Inventory at cost value less parts sold is about $1.2 million. The Business produces about $500,000 Net on $1.2 Million in sales, which would indicate the Seller wants $150,000- or 2.5-times earnings for the Business.

THIS IS A GREAT FOUNDATION BUSINESS -- for an owner of an Auto Salvage Business that wishes to be one of the Larger Nationwide Internet Auto Salvage Shippers. This Business is able to be a larger Exporter of Quality Used Cars to 3rd World Countries. This Market Area has thousands of “EMPTY” Containers going back overseas empty. You will want to look at expanding into this very profitable Growing market. Each Container holds 4 Cars, plus many needed Parts can be loaded into the trunks or in corners of the container. The key is the low cost of Freight & getting these older good running vehicles to some fantastic Markets. Dennis Riley or Linda Brennan can give you a lot more information on this part of the Business. They are the brokers who know this Auto Salvage Industry. We have another Auto Salvage Yard that has 23 acres & 4,000 Cars plus 4 Warehouses full of parts ready to ship. We want to tell you how you can also sell all these additional Inventories. Today it is all about Internet marketing.

This seller in the Greater Fredrick-Hagerstown, Maryland Market Area and is Associated with a growing List of Auto Body Shops that are or can be your best Customers. We would like to help you connect with hundreds of these Body Shops.

The above asking price also includes about $200,000 of Capital Equipment, which includes, a Roll-Off’ Tow Truck, 2 Front End loaders and 3 Lifts for the Dis-assemble Shop. They have a great “Used tire” business that you will want to expand. They sell a large # of Motors & Transmissions, there are over 200 pulled, tested, mounted on pallets and ready to ship.

A BUYER NEEDS TO KNOW THE VALUE OF REAL ESTATE AND THE BUILDING OF RENTAL BUILDINGS. This Property should become an Automotive Industrial Park. Your tenants will be your best customers.

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If you would like Financials and more info on this Business Please call Dennis Riley the Listing Broker 240-462-8220 -- dennis@beltwaybrokersge.com or your Beltway Broker.