Wrecking Yard / Auto Repair
Location:
United States
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California
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Southern California - San Diego Area
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San Diego
Industry: Auto Related > Auto Parts Retail and Distribution
Business Summary
If you have an interest in cars and want the ability to turn a wreck into cash, this business can be a gold mine for you! Located in the heart of the auto dismantler's district of San Diego close to the mile of cars, this is a great little wrecking yard and auto repair shop for sale. Because of it's location and relation to salvage yards and other repairs shops, there is a lot of traffic. This great, near acre (almost 3,500 square feet) lot, has room for more than the current inventory of 100 cars!
The seller has successfully established himself doing refurbishments for car dealers to get their cars ready to be put on the front line. The business currently does 70% of it's business as salvage, and 30% is auto repair traffic using his existing parts. Additionally 70% of his revenue is from selling parts either wholesale, to mechanics or to other yards. Of the remaining 30% he has repairs from a variety of car dealers and individuals. The seller currently has contacts with fuller ford and Honda and many other auto dealers and individuals.
Rent is $4,500 and all of the equipment on the lot is owned. Like all other wrecking yards this business has a month to month lease. In spite of this fact, the seller has had this location as his wrecking yard for 4 years.
He also has 11 employees. Of these 9 are full time and 2 are part time. This includes 5 mechanics, 1 salesman, 3 part pullers, an accountant and one inventory specialist. The owner also works full time.
The seller has over 20,000 invested in rack storage for all types of car parts including engines and transmissions. He has three lifts for dismantling or repair. To run this business the new owner will need a business license, dmv auto dismantler's license, health permit and sewer permit.
The owner started this business 10 years ago at another location and has had this additional location for 4 years. Contact us today so we can help you capitalize on this great opportunity!
Financials
Asking Price Range: $250K - $500K
Gross Revenues:
Seller Will Provide
Cash Flow:
$120,000
Cash Flow Type: Sellers Discretionary Cash
Seller Financing: Not Disclosed
About The Business
Year Established: 1998
Number of Employees: 10 - 19
Relocatable: Not Disclosed
Franchise: Not Disclosed
Current Real Estate: Leased
Property: Property For Lease
About The Sale
Management Training and Support: Two weeks at 40 hours.
Reason For Selling: Has another business of same nature to focus on.
Click on the "I'm Interested" button above for more information on this Auto Related > Auto Parts Retail and Distribution business for sale.
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Print Listing Id: 700103576
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