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Are you ready to be your own boss? Do you have a good knowledge of cars and engines? This might just be the opportunity that you have been looking for. This business is an auto sales and salvage yard that has been in business for an impressive 45 years! Let the current owner show you how this business has supported 2 generations and how that should continue for a new owner and be grown to new levels.
The business purchases wrecked and broken cars and then sells the individual parts to customers. The owner states the business has around 550 cars in inventory worth approximately $350,000. They have the software in place that allows the business to manage all of inventory so that they know what parts have sold and what is on hand for each car in inventory. When all of the parts are sold off of a car it still has value as a crushed car. So they buy the car for very little, they sell all of the parts off of it for a good profit, and then the crush the car for money in the end.
The business is priced to sell at below asset value with approximately $100,000 in FFE (furniture, fixtures, and equipment) and $350,000 in inventory included in the price. The real estate can be leased from the owner or purchased for an additional $200,000. This is a turnkey business and is ready to go. The new owner will have sales day one and a great inventory on hand to sell thru.
<p<The business is located in NE Arkansas. Qualified buyers may obtain detailed information by completing a confidentiality agreement. Contact me today for more information at scott.
Days: Monday-Friday, Hours: 8:00 - 5:00
Seller will negotiate a transition period
Seller or Third Party Financing may be available for a qualified buyer
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