Highly Profitable Auto Salvage Business

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Listing ID: 700342046

Listing Title: Highly Profitable Auto Salvage Business

Quick Link: http://www.globalbx.com/listing.asp?bId=342046

Industry: Auto Related

Industry Segment: Auto Parts Retail and Distribution

Country: United States

State / Province: Georgia

Area

City:

Asking Price Range: $1.0M - $2.5M

Gross Revenues: $780,000

Cash Flow: $240,000

Cash Flow Type: Sellers Discretionary Cash

Year Established: 1954

Number of Employees: 4 - 5

Business Description:
Located in Cobb County GA, this Auto Salvage business includes 10.5 acres of real estate and buildings. Extensive inventory of vehicle parts is valued at $750,000. Buildings include an Office / Shop, storage facility and a house. Cobb county is no longer issuing permits for salvage businesses so this an irreplaceable asset. As can be seen in the summary financials, this is a very profitable business. First started in 1954 and sold to family in 1992. Business has been modernized and has full computerized inventory and searchable database of the current inventory. Competitive Overview A few local salvage yards to compete with, but the county no longer issues new permits for salvage yards. This is an opportunity to buy a profitable business that is grandfathered into zoning and operation. Potential Growth Has the room and potential to grow the size of inventory and the scope of services offered. Buildings, equipment, and space to expand to and operate a wrecker service and body shop.



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