Back to businesses for sale
Professional, Scientific & Technical Services

SC Auto Salvage with RE at $4.25M

Spartanburg County, SC, USA
Listed 84 days ago

SC Auto Salvage with RE at $4.25M Deal Structure: Price $7,802,402 including All Inventory and Real Estate. Inventory at Cost Estimated at about $1.35 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 monthly sales 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 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. Don't miss out on an exciting opportunity to own a successful Automotive Auto Salvage business with a solid foundation for growth and profitability. Take the first step towards securing your future in this dynamic industry. Contact us now to learn more and seize this rare chance to own a thriving business with a promising future.

Employees

12

Real Estate

Real Property Included

Trading Hours

8am-5pm Mon-Fri

Premises Details

The Business was purchased in 2018 and opened up for business around February of 2019. In 2020 sales were averaging 60k-70k in monthly sales, by 2024 the business hit a milestone of $300k sales in a month. Since then, sales have been steady at $200k-$300k a month.

Support & Training

2 weeks of training

Expansion Potential

The biggest growth opportunities are expanding our online sales channels by increasing inventory listings and improving visibility across platforms like eBay and Facebook Marketplace, as well as exploring additional marketplaces. There is also strong potential in growing the newly added semi-truck division through higher-value parts sales and developing relationships with fleet operators and repair shops. Additionally, building more wholesale and repeat customer accounts, improving inventory turnover efficiency, and strengthening our local presence through reviews, SEO, and partnerships with mechanics and dealerships will help drive consistent long-term growth.

Size In Square Feet

20,000

Competition / Market

The direct competitors are other local and regional auto salvage yards, used auto parts suppliers, and online auto parts sellers operating through platforms like eBay, Facebook Marketplace, and similar marketplaces. This includes both independent junkyards in the surrounding area as well as larger salvage networks and nationwide used parts distributors that compete on pricing, inventory availability, and shipping speed. What sets this business apart is the combination of competitive pricing, a wide range of adaptive inventory, and a strong focus on both local and online sales channels. The company provides fast, reliable service through platforms like eBay and Facebook Marketplace while also serving local customers and shops directly. The addition of the semi-truck division further expands inventory and allows the company to serve a broader range of customers, including commercial and fleet needs. Overall, the business focuses on efficiency, responsiveness, and building long-term customer relationships rather than just one-time sales.

Inventory / Stock Value

$1,350,000 - included in the asking price

Reason for Selling

Other Business Opportunity

Financials

Asking Price
$7.8M
RevenueMost Recent Year
$2.6M
Earnings (SDE)Last Reported
$345K
Assets ValueIncluded in Asking Price
$292K
Seller Financing
Not available

Interested in this business?

Get in touch with the seller to ask questions and learn more.

Get Expert Help with your acquisition

Connect with an advisor who can guide you through evaluating, financing, and closing the right business acquisition.

Similar Listings

278 Door South Florida Property Management Franchise

278 Door South Florida Property Management Franchise

Palm Beach County, FL, USA
Updated 6 hours ago
Verified about 6 hours ago
Asking Price
$1.2M
Earnings
$325K SDE
Established Pain Management Practice | $223K SDE

Established Pain Management Practice | $223K SDE

Palm Beach County, FL, USA
Updated 6 hours ago
Verified about 6 hours ago
Asking Price
$799K
Earnings
$223K SDE
Established Multi-Services Business for Sale in Miami, FL

Established Multi-Services Business for Sale in Miami, FL

Miami, FL, USA
Updated 6 hours ago
Verified about 6 hours ago
Asking Price
$25K
Earnings
Undisclosed