Business for Sale

Wrecks = Cash

BizEx904-AK

Background

General Location:Monrovia, CA
Category: Auto Repair, Parts & Services
Wrecking Yard
Years in Business:4
Under Present Owner:4
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:9/2018
Lease Options:one 5 yr
Building Size:200 sf
Employees:6
Reason for Sale:Other Business Interest

Financials

Asking Price:$190,000
Down Payment:Negotiable
Gross Sales:$2,622,406
Discretionary Cash Flow:$190,000
FF&E:$60,000
Inventory Included?
Inventory:$100,000
Min. Operating Capital:$50,000
Real Estate Available?No
Rent:$3,000
Financing:Call

Description

Fantastic opportunity.

This auto wrecking yard is established, successful and a mostly cash business.

Good sized lot allows for parts business and the purchase of vehicles for resale.

Vehicles are bought and sold at various auctions.

Parts are sold through the business eBay store and the Carparts website.

Experienced staff will make for an easy transition to the new owner.

Excellent San Gabriel Valley location on a main street and near two freeways.

Owner has another business opportunity he needs to focus on and has dropped price so he may move on.

Turn key operation and Owner will train Buyer.

Interested parties please go to www.bizex.net to register as a buyer then call Arthur Kessler at 310 882-2200 x126.


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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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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