Listing Number: 2072022-508951
Description
Step into an established auto salvage venture that sprawls over 5 prime acres in Columbus, perfectly located near metal yards and amidst a wave of new developments. With over 20 years of stable leadership from its current owner, the business stands as a testament to operational excellence, reinforced by a loyal team, many with tenures over 15 years.
Generating impressive annual profits of $1,375,000, the business's financial allure is enhanced by diverse revenue avenues, including used car sales, mechanic services, and an actively leased billboard. Inherit success with a roster of top-grade equipment and a rich inventory of nearly.
Adding to the appeal: seller financing is available. This is a golden chance to secure a lucrative, time-tested auto salvage foothold in Columbus.
This cash-heavy, recession-proof business is debt-free and ready for a timely transfer. Its proven track record in a growing industry with high barriers to entry makes it an ideal acquisition for expanding brands, either locally or regionally. Licenses and training included in the sale ensure you step in with all the tools necessary to continue and grow this legacy business.
Listing Details
- Price: $ 6,950,000
- Down Payment: $3,475,000
- Sellers Discretionary Earnings: $ 1,375,000
- Total Sales: $ 2,375,000
- Location: Franklin County, Ohio
- Inventory: $ 1,000,000
- FF&E: $ 750,000
- Employees: 17
- Year Established: 1954
- Reason for Selling: Other Ventures
- Category: Automotive
