Business for Sale

Money from Wrecks

BizEx847-TP

Background

General Location:Sun Valley, CA
Category: Auto Repair, Parts & Services
Wrecking Yard
Years in Business:21
Under Present Owner:21
Hours of Operation:m-f 8-5, sat 8-2
Owner Hours:m-f 8-5, sat 8-2
Training:4 weeks @ 20 hours
Organization Type:
Lease Expiration:new lease
Lease Options:
Building Size:1,500
Employees:4
Reason for Sale:Other Business Interests

Financials

Asking Price:$695,000
Down Payment:Negotiable
Gross Sales:$675,000
Discretionary Cash Flow:$279,000
FF&E:$100,000
Inventory Included?
Inventory:$400,000
Min. Operating Capital:$100,000
Real Estate Available?No
Rent:$9,000
Payroll:$7
Financing:Call

Description

Your chance to own and grow an established , successful cash business.

Excellent San Fernando Valley location.

The owner focuses on parts sales for late model, upscale vehicles.

Some resale of purchased salvage vehicle.

The operation runs smoothly, and efficiently on the neat (rare for a wrecking yard) location.

The Seller requires proof of financial ability to make the acquisition.

A buyer with some prior automotive experience is preferred.

Part of the land is available for sale.

Interested parties please register as a buyer at www.bizex.net then contact Tom Plotkin at 310 882-2200 x127 or Arthur Kessler on extension 126.


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Disclaimer: The information herein is furnished by the seller; BizEx has not verified this information and makes no representation or warranty as to its accuracy, completeness, or authenticity. Future earnings may differ from past earnings. Discretionary Earnings is defined as earnings before deducting interest, taxes, depreciation, and amortization, and adding Owners salary, benefits and non recurring expenses.

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Tom Plotkin
Business Broker
4551 Glencoe Ave., Suite 210
Marina Del Rey, CA 90292
Office: (310) 882-2200 ext 127
Direct: (818) 585-4215
Lic#: 01895229




Arthur B. Kessler
Business Broker
4551 Glencoe Ave., Suite 210
Marina Del Rel, CA 90292
Office: (310) 882-2200 ext 126
Direct: (310) 650-7900
Lic#: 01227004