Services - Auto Repair, Parts & Svcs | Services - Miscellaneous Repair

$Seller Financing Available

Asking Price	$3,050,000	Inventory	$1,000,000*
Gross Income	$1,600,000	Real Estate	$1,550,000**
Cash Flow	$255,000	Year Established	1950
FF&E	$150,000*	Employees	8

* included in the asking price

** not included in the asking price

There are no more scrap yard licenses being issued by the state of NJ. The competition is therefore limited. Even in this downturn these yards are increasing their sales. This particular yard has 2.5 acres of land, four buildings - a 2000 sq. ft garage, a 4,200 store, a 12,000 sq ft building for disassembly and a 4000 sq ft building at the back of the lot. A savvy owner can computerize the entire operation and as the location has easy access to large trucks the volume of business can be greatly expanded, with very little marketing effort.

Facilities: This cash only scrap yard has been in business for over 50 years. It is highly lucrative and has a very low overhead. New scrap yard licences are no longer being issued

Competition: Large scrap yards are very difficult to find. This one is centrally located and in the right type of neighborhood.

Growth/Expansion: Scrap yards of this size run by a savvy owner can produce a gross income of 6 million dollars. There are scrap yards of this size doing that amount of business

Seller Financing Available: Yes

Financing: Depends on buyers credit

Support/Training: The seller will train buyer. Terms to be negotiated

Reason Selling: Owner wishes to retire