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Southern Indiana auto salvage (under contract)

Vanderburgh County, IN

Seller Financing Available
Aerial of a representative yard
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Asking Price: $2,000,000

Cash Flow: N/A

Gross Revenue: $3,250,000

EBITDA: $106,000

FF&E: $618,000

Inventory: $1,242,000

Real Estate: $2,000,000*

Established: 1992

*not included in asking price.

Southern Indiana auto salvage (under contract)

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Business Description

This is an A-grade full-service auto salvage facility in every way. The buildings are modern and well-designed. The yard is organized, graveled, and environmentally clean. The owners are doing many things very well, but a well-funded and aggressive operator would be able to make massive improvements to sales and profit.

Seller financing available for qualified buyers.

Detailed Information

Location:
Vanderburgh County, IN
Inventory:
Included in asking price
Real Estate:
Owned
Not included in asking price
Building SF:
42,000
Employees:
15
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
42,000 sf of warehouse space, dismantling, customer service area, sales offices, and administrative. 7 dismantling bays. The 17 acres is fully fenced. This can be a major production facility for a regional operation.
Competition:
There are a dozen salvage yards within a 200 mile radius, including LKQ. Not many are of the caliber of this facility
Growth & Expansion:
The most profitable yards in the country buy cars a few years newer than this operation. Also, the sales staff size could be increased.
Financing:
No, however the seller is happy to lease the real estate for $13,000/mo triple net
Support & Training:
Owner is happy to train and leave, or stay for a year or two
Reason for Selling:
Owner is interested in retiring within the next few years.
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George Metos

Business Listed By:
George Metos

George Metos

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