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Listing Details - AUTO SALVAGE YARD WITH WEBSITE
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AUTO SALVAGE YARD WITH WEBSITE
(Automotive, Wrecking/Recycling/Scrap/Salvage ; Automotive, Auto Dealers?Used Cars; Automotive, Auto Parts/Accessories; Automotive, General Automotive)
LONG ISLAND, NY - New York, Suffolk
| Seller Financing: |
Yes |
| Lender Pre-Qualified: |
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| Listing ID: |
C35689 |
| Status: |
Active |
Listing Details
| Listed Price: |
$4,300,000 |
| Down Payment: |
$900,000 |
| Total Sales: |
$2,000,000 |
| SDE: |
$900,000 |
| EBIT: |
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| EBITDA: |
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| FFE: |
$250,000 |
Included? Yes |
| Real Estate: |
$2,500,000 |
Included? Yes |
| Inventory: |
$950,000 |
Included? Yes |
| A/R: |
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Included? No |
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| Reason for Sale: |
RETIREMENT |
| Training: |
SELLER WILL COMPLETELY TRAIN |
| Financing Terms: |
50% DOWNon business portion and 15% down on Land portion of sale.
Land must be sold along with the business as a package. |
Operations
| Year Established: |
1970 |
| Last Acquired: |
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| Form of Ownership: |
S-CORP |
| Home Based: |
No |
| Relocatable: |
No |
| Type of Location: |
Stand-alone |
| Absentee Owner: |
Yes |
| Online: |
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| Employees: |
Full Time: 4 / Part Time: 2 |
| Managers: |
1 |
| Hours: |
8AM-5PM M-F 8AM -2PM SAT |
| Owner Hours: |
30 |
| Non-Owner Payroll: |
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| Franchise Info: |
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Location
| Lease Expire: |
12/31/2021 |
| Option: |
5 year option |
| Lease Terms: |
new lease tbd |
| Lease Security: |
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| Monthly Rent: |
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| Square Footage: |
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| Facilities: |
ONE ACRE IN A PRIME LOCATION . LAND USE GRANDFATHERED IN- EPA-OK
2 CUSTOM BUILDINGS INCLUDE OFFICES AND WAREHOUSE FACILITIES.
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Summary
| Business Description: |
THIS IS A HIGHLY PROFITABLE BUSINESS AND IS WELL-POSITIONED FOR THE CURRENT ECONOMIC SITUATION AS MORE PEOPLE ARE FIXING UP THEIR OLD CARS INSTEAD OF BUYING NEW ONES.
THE COMPANY SALVAGES USED CARS AND SELLS THE MOTORS ONLINE.PURCHASE PRICE WITH REAL ESTATE $ 4,300,000.
FOR ADDITIONAL INFORMATION GO TO www.lisitenassociates.com AND DOWNLOAD , FILL IN AND FAX THE NDA TO : 212 661-4285.
WE WILL THEN CONTACT YOU WITH THE INFORMATION THAT YOU SEEK.
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| Historical Summary: |
IN BUSINESS PROFITABLY AND CONSISTENTLY FOR 40 YEARS |
| Owner Qualifications: |
auto experience |
| Competition: |
limited- no competition locally |
| Potential Growth: |
UNLIMITED AS THERE IS AN UNUSUAL AMOUNT OF REQUESTS FOR PRODUCT FROM AN AMAZING ARRAY OF BUYERS IN THIRD WORLD COUNTRIES |
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