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BUSINESS FOR SALE - PROFILE #  42094237

Auto Salvage Yard, Towing, Used Autos
Lower Bucks County, PA

Asking Price: $400,000   Down Payment: $200,000  
Gross Revenue: $599,401   Adj. Cash Flow*: $135,035  
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Executive Summary
PRICED TO SELL!!  Long established, full service auto salvage yard generating revenues through several avenues: full service towing, scrap metal recycling, used auto parts, auto rebuilding and repair, used vehicle sales.  Full complement of equipment included with sale - wreckers, roll-offs, lifts, tire cutter, wheel crusher, and more. 

Acquisition Highlights

  • This operation has 6 revenue sources: (1) towing service, (2) used part sales, (3) scrap metal sales, (4) vehicle repairs, (5) vehicle sales, and (6) container service. There is opportunity to grow the parts business by adding auction purchases of damaged cars.
  • Currently operates Monday-Friday 8-5. Has operated on Saturdays as well. Staffing includes 6 full time and 1 part time, plus the owners = 3 drivers, 1.5 dismantlers, 1 yard manager, and 2 clerical.
  • Company has had consistent revenues over its lifetime. Revenues can be improved with revnewed focus.
  • Opportunity to increase revenues through participation in damaged auto auctions in order to improve the quality and quantity of parts inventory.
  • The 7 acre yard has 1,024SF office and 10,800SF parts and service warehouse. There are also two 1,200SF pole barns and 1 4000SF electric fenced area. Purchase includes all equipment necessary to operate business including: 2 heavy wreckers, 1 rollback, 3 roll-offs, 1 tractor, 1 auto wrecker, 1 Landall, 1 Shafer, 10 containers, 1 Bobcat, 4 lifts, 2 compressors, 1 tire cutter, and 1 wheel crusher. Car crusher needs some work.
  • This company has successfully operated from this location for over 50 years. Owners are at retirement age and have not been operating a at full capacity.
  • Financing Information:  60 month note with 8% interest rate
  • Training Information:  2 weeks
  • This business is not a franchise
Business Synopsis

Asset Information (estimated fair market value)

Established in: 1961 Inventory: $400,000
Employees: 6 FT, 1 PT , 1 Mgrs Furniture, Fixtures & Equipment: $350,000 Included
Lease/Rent: $12,000 Real Estate:
Building Sq Ft: 11,824
    Total Assets Included in Sale: $350,000
 
* Adj. Cash Flow -  Recasting provides an economic view of the company and allows meaningful comparison with other investment opportunities.
Additional business details are available to Principals only. You will be required to document your ability to complete the proposed transaction.  Please use this link to request more INFORMATION which will be sent to the listing office.
DISCLAIMER: All information contained in this document has been provided by the subject company or its agent, and while believed to be correct has not been verified. Accordingly, we makes no representations or warranties as to the accuracy and truthfulness of such information. The recipient hereof acknowledges that we shall not be liable for any loss or injury suffered by said recipient in any way connected to the delivery by us of this document. At all times we are an agent for the seller and not for the buyer unless a specific agreement exists for us to act as the buyer's agent.

FOR MORE INFORMATION:

Contact:  Brad Elliott
Phone:  (609) 456-4400
Fax:  (215) 639-8427
E-mail:  bhelliott@vrdelval.com
VR Business Brokers - Ewing, NJ
3430 Progress Drive
Suite F
Bensalem, PA 19020
www.vrdelval.com
The above company and/or agent is a licensed real estate broker/and or a business broker.
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