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Auto Salvage Yard - Auto Repair Center W/ Real Estate

Popular Listing Featured 

$1,300,000.00

  • Featured Listing : Yes
  • File No. : C2491
  • Location : Wayne County
  • Down Payment Option : $250,000 (Business)
  • Monthly Payment : TBD
  • Financing Interest Rate : 6% - Business Only
  • Financing Period : 60 Months (Business Only)
  • Gross Sales : $971,654
  • Source of Financial Info : P&L 2018
  • Cash Flow : $201,176
  • Total Inventory : $450,000 +/-
  • Days Open : Monday - Friday
  • Hours of Operation : 8 AM - 6 PM
  • Parking : Ample
  • License Requirement : Class B + Class C + Repair Facility + Sales Tax
  • Year Established : 2012
  • Year Acquired : 2012
  • Monthly Rent : $7,000
  • Real Estate Price : $800,000
  • Real Estate Purchase Terms : $300,00 Down @ Prime + 2% for 10 Years

Business Price: $500,000

Real Estate Price: $800,000

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 Wayne 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 curbside 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 economical cycles which lower 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*  

 

Contact details

Haroon Bhatti 33533 W. 12 Mile Rd. Suite 101 Farmington Hills, MI 48331 313-925-3333

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