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Auto Salvage Business with Real Estate

Spartanburg, SC, USA
Listed 102 days ago

Deal Structure: Price $9,052,402 including All Inventory and Real Estate. Inventory at Cost Estimated at about $3.8 Million, Real Estate for sale at $4.25 Million. Are you looking for a lucrative automotive business opportunity in the heart of South Carolina? Look no further than this thriving Auto Salvage business, now available for acquisition. Established in 2019 after being acquired, this business has seen exceptional growth and success in a short period of time. In just a few short years, this Auto Salvage business has proven its potential for profitability and growth. From averaging $60k-$70k in monthly sales in 2020 to reaching a remarkable peak of $300k in sales in a month by 2024, this business has consistently maintained monthly sales between $200k-$300k. With a solid foundation and proven track record, the potential for further expansion and success is immense. One of the key growth opportunities lies in expanding the business's online presence and sales channels. By increasing inventory listings on platforms like eBay and Facebook Marketplace, as well as exploring new marketplaces, there is substantial room for exponential growth. Additionally, expanding the semi-truck division and forging relationships with fleet operators and repair shops presents a high-value revenue stream waiting to be leveraged. What sets this business apart is its loyal client base, built on trust and quality service. By focusing on building more wholesale and repeat customer accounts, improving inventory turnover efficiency, and enhancing local presence through SEO, reviews, and partnerships, the potential for consistent long-term growth is vast.

Real Estate?

Yes

Represented By Broker?

Yes

Financials

Asking Price
$9.1M
RevenueMost Recent Year
$2.6M
Earnings (SDE)Last Reported
$345K
Assets Value
Undisclosed
Seller Financing
Subject to Negotiation

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