Auto Salvage Yard w/Auto Repair Center

File# C2491
Location: Oakland County
Business Price: $500,000
Down Payment: $250,000
Monthly Payment:$4,833.20
Interest Rate: 6%
Amortization Period:60 months
Gross Sales: $971,654
Source: 2018 P&L
Cash Flow: $201,176
Source: 2018 P&L
Inventory: $450,000 +/-
Days Open: Mon-Fri
Business Hours: 8am-6pm
Seats: NA
Parking: ample
Licences Required:Class B + Class C + Repair Facility + Sales Tax
Year Established:2012
Year Acquired: 2012
Monthly Rent:$7,000 NNN

Profile:

Our firm is proud to present this very successful Auto Salvage Yard and Auto Repair Center specializing in high-end vehicles. The business is located in the heart of Oakland County just off a major road with around 55,566 average annual daily traffic. The current owner is planning to retire and wants to sell the business with the real estate. There is also an option for leasing the real estate if the new owner wants to just purchase the business. The building was renovated about 3 years ago and looks excellent with great curb side appeal. The business specializes in selling used auto parts for high-end vehicles and they also offer in-house auto repair services. They have an excellent reputation in the market and have many loyal & repeat customers. All the equipment necessary to run this operation is included with the business. The inventory includes a wide selection of in-demand used parts and also some new parts like rare engines etc. The inventory is very organized and has an estimated retail value of $4.5MM.
PRIMARY SOURCES OF REVENUE:
1) Used Auto Parts Retail + Online (Well Established EBay Store)
2) Auto Service
3) Vehicle Sales
4) Vehicle Disposal
According to the Automotive Recycler’s association, the automotive recycling industry generates $32 Billion in sales nationwide making this business acquisition a fantastic opportunity. Recycling is always a positive activity and customers appreciate used auto parts at lower prices especially when it comes to high-end vehicles. These type of businesses are not affected by the economic cycles which lowers the overall business risk. This business won’t last long in the market, call us today to learn more about this business and schedule a showing.
*Serious inquiries only. A confidentiality agreement and proof of funds is required before our firm will release additional details about this company*
Note: Building Price $800,000
Terms: $300,000 down

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This information has been supplied to Broker, Capital Business Brokerage, Inc. by Seller or obtained from other sources. Broker has not and will not verify the accuracy of this information. It is recommended that Purchaser independently verify the accuracy of this information with Purchaser's counsel.