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Vehicle Recycling Business (Junkyard)

WA

Seller Financing Available
Vehicle Recycling Business (Junkyard)
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Asking Price: $1,475,000

Cash Flow: $170,000

Gross Revenue: $575,000

EBITDA: N/A

FF&E: N/A

Inventory: $300,000

Real Estate: N/A

Established: N/A

Vehicle Recycling Business (Junkyard)

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Business Description

Sale Price includes Real Estate. Property has clean Phase 2 Environmental Study

This multiple decade old auto wrecking business recycles foreign and domestic vehicles for a large geographic area in Western Washington. The unique business occupies 10 acres of light industrial zoned land with limited competition for scrap and auto parts recycling in the area.

The company boasts multiple revenue streams to produce income in it’s business model. It operates a fleet of tow trucks daily collecting salvage vehicles to process and place in it’s “pull your own” used parts yards (categorized by make). The cars “age out” over six months and are moved to the scrap pile. Scrap vehicles are crushed and recycled quarterly or as the price of steel fluctuates in domestic markets. The business provides locals with free scrap metal recycling for old appliances, water heaters through access to a dumpster that is recycled weekly. The business regularly receives vehicles in need of simple repairs called “Runners” that are fixed and re-sold to the market.

The business has an excellent reputation and standing in the community with local repair shops as a source for used auto parts. The 10-acre facility has already completed a phase 2 Environmental Study complete with sampling ports throughout the yard to maintain it’s conforming use. Washington inspectors have deemed it “one of the cleanest wrecking yards in the state”. Top line revenue could be enhanced by upgrading to auction vehicles with higher salvage values and re-selling higher end parts on the web. Enhanced website with links to yard vehicle inventory would have dramatic increases to sales and cash flow.

The business is turn-key with a General Manager and trained staff to efficiently and environmentally-sound recycle auto parts.

Staff includes: 3 CDL certified tow truck drivers and 2 counter sales and 2 yard personnel to help customers find their parts. Included in the business is $300,000 in inventory, 3-2012 F350 rollback tow trucks, 2 Loaders, 2 Bobcat skidsteers, Kubota excavator, full perimeter fencing and gates, and a recently enhanced video security system. The property boasts onsite 2BR mobile home (currently rental income) and a RV site with hookups as potential owner/ manager’s accommodations.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
N/A
Financing:
The seller will finance 50% of the transaction for a qualified buyer.
Support & Training:
The seller will provide an appropriate transition/consulting period to smoothly transfer ownership of the business.
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(from currently available funds)
 
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Gregory Kovsky

Business Listed By:
Gregory Kovsky

IBA

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