Auto Parts Salvage Business For Sale

Essex County, NJ

Auto Parts Salvage Business For Sale

Asking Price:$1,750,000

Cash Flow:$742,759

Gross Revenue:$1,776,802





Auto Parts Salvage Business For Sale

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Business Description

Over $700K in cash flow in 2015. This Used parts and Auto recycling (salvage yard) located in central New Jersey, is one of the better run salvage yards in the state. It is clean, organized and includes a computerized inventory system with a searchable website. There are all types of vehicles in the yard totaling $2MM + of catalogued inventory included in the sale. The company is the leading used parts provider located in the New York / New Jersey metropolitan area. Over 5,000 clients worldwide. The Company provides the most comprehensive selection of items within the industry. The Company's state of the art inventory parts system allows for the optimization of tens of thousands of car parts which are in stock at any one time.

Detailed Information

Included in asking price
12 FT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Easy access/exit to major arteries. Current lease has eight (8) years remaining and will be honored by landlord. Current lease is $5,000 monthly for each of two lots. Second lot does not have to be rented unless desired by new owner. Lease type is Gross with 3 month security and 1 months rent as lease deposit.
Winning relationships with over 90 recovery yards in New Jersey, including 15 in the City of Newark. Many yards come to this Company for hard to get parts.
Growth & Expansion:
Continue doing what is currently being done by current owner.
Support & Training:
Will train for 2 weeks @ no cost. Licenses: New Jersey Scrap Metal Processing & Recycling Industrial Storm Water General Permit and a NJ Mechanic's License.
Reason for Selling:
Owner relocating.

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John Hayes

Business Listed By:
John Hayes

Murphy Business & Financial Corporation

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Murphy Business

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