Make Profits from JUNK

Business Summary:
Established in 1985, this Auto Salvage Yard is located in the Lehigh Valley area and consists of 31 acres with enough room for 7,000 vehicles. There are two buildings on the site which are presently rented for $7,800 per year. This business is presently not operating. The owner states that there are NO environmental issues. License is transferable. It is difficult to put a price on a salvage yard license and business, because no new licenses are being issued. This is also true with existing salvage yards. The business had a strong local base already established with multiple streams of cash income; the right buyer with overseas contacts can develop the very profitable export market to realize the full potential of the business. This is a recession proof business. The inventory consists of 1980 to late 1990’s vehicles and approximately 60 trailer plus numerable cars. Owner is willing to sell the company and assets at a substantial discount because of other business interest and demands placed on him by the other non-related business that he owns. The owner is willing to finance with 50% of the purchase price.Success in this business requires hands-on management, mechanical aptitude and an appreciation of compliance with environmental regulations. This is an ideal opportunity for a partnership of 2 or more individuals. Each partner can develop expertise in a different part of the business, so that the entire business reaches its full potential. For further information please contact Vito Mastromonaco at 908-851-9040 Ext. 285 or Gene Reilly at 908-851-9040 Ext. 293.