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- RE: Thriving Multimillion-Dollar Auto Salvage Empire
- Contact: Dave Butcher
Quick Facts
Asking Price: | $6,950,000 | |
Annual Revenue: | $2,375,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $1,375,000 | |
Total Debt: | Not Disclosed | |
FF&E: | $750,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 1954 | |
Employees: | 17 | |
BBN Listing #: | 936842 | |
Broker Reference #: | 2072022-508951 |
Business Overview:
Step into an established auto salvage venture that sprawls over 5 prime acres in Columbus, perfectly located near metal yards and amidst a wave of new developments. With over 20 years of stable leadership from its current owner, the business stands as a testament to operational excellence, reinforced by a loyal team, many with tenures over 15 years.
Generating impressive annual profits of $1,375,000, the business's financial allure is enhanced by diverse revenue avenues, including used car sales, mechanic services, and an actively leased billboard. Inherit success with a roster of top-grade equipment and a rich inventory of nearly.
Adding to the appeal: seller financing is available. This is a golden chance to secure a lucrative, time-tested auto salvage foothold in Columbus.
This cash-heavy, recession-proof business is debt-free and ready for a timely transfer. Its proven track record in a growing industry with high barriers to entry makes it an ideal acquisition for expanding brands, either locally or regionally. Licenses and training included in the sale ensure you step in with all the tools necessary to continue and grow this legacy business.
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Property Features and Assets:
Since its inception in 1954 and under the stewardship of the current family for the last 20 years, this esteemed business has solidified its legacy in the automotive salvage industry, blending tradition with continuous growth and community trust.
This business stands out in a market with naturally limited competition, thanks to stringent environmental regulations and industry-specific barriers to entry. The licenses held by the business, crucial for operations in this sector, represent immense value and a significant competitive edge, ensuring a privileged market position in the thriving automotive salvage industry.
Market Competition and Expansion:
Unlock immense potential with two key expansion opportunities. Firstly, leverage the existing, underutilized used car sales area on the property. With its prime visibility, this space is ripe for transformation into a full-scale used car lot, offering a significant avenue to boost revenue and rival the existing business's financial success.
Secondly, tap into the digital marketplace by developing a more robust online parts sales system. This advancement will broaden your customer base beyond Columbus, reaching a wider audience seeking quality auto parts. Embracing e-commerce not only complements the current business model but also represents a modern, scalable approach to revenue generation. These combined opportunities present a unique chance to significantly enhance revenue streams and elevate the business's market presence in the evolving automotive industry.
Reason for Selling:
other interestsAdditional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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