Advanced Auto Recyclers - Business & Realestate For Sale

Business Opportunity for Sale
Catylist Listing ID: 30174541
Property Subtypes: Auto Related
Building Size (RSF): 15,720 SF
Sale Price: $1,800,000
Name of Establishment: Advance Auto Recyclers
Gross Revenue: $0 (Annual)
Cash Flow: $0 (Annual)
Last Updated: 5/22/2018

Overview / Comments

Fantastic Opportunity to acquire a highly profitable auto salvage yard, automotive repair, and used car retail salvage. The real estate alone sites on over 2 acres of land on 8 Mile Road in Southfield, Michigan. The property is fully fenced and worth approximately 700k just for the building and land. Phase 1 & 2 have been done in the last year and there are no environmental issues.
The salvage customer base specializes in higher end import cars, Audi, Mercedes, Maserati, Porsche etc. The business comes with all fixed assets, vehicles, licenses, inventory and all other city and state licenses. The inventory retail value is close to 4.5 million. This business has a ton of growth potential and owner is retiring but will stay on for a 6 month transition period after the sale.

Additional Details

Nearest MSA: Detroit-Warren-Dearborn
County: Oakland
Industry Segment: Auto Parts Recycling
Value of Inventory Included ($): $0
Value of Furniture, Fixtures, and Equipment ($): $0
Value of Real Estate Included ($): $0

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 15,625 136,682 380,352
Median Age: 38.7 38.7 39.37
Households: 6,580 55,138 153,309
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