Auto Salvage Business For Sale

Retail-Commercial for Sale
Catylist Listing ID: 30823228
Property Subtypes: Free-Standing Building, Service Station/Gas Station, Vehicle Related
Building Size (RSF): 15,000 SF
Gross Land Area: 24 Acres
Sale Price: $925,000
Unit Price: $61.67 PSF
Property Use Type: Vacant/Owner-User
Usable Size (USF): 15,000 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/2/2023

Overview / Comments

JUST REDUCED! (was $1,025,000)

Established in 1982, this profitable family-owned salvage yard has been in business for over 40 years. The family started with a dirt lot and 50 cars and has since grown the business to 24 acres and over 1,500 cars onsite. This salvage yard utilizes the best software in the business to inventory all the parts on a salvaged car when it is purchased which in turn increases profitability on every car purchased. The business has over 100,000 parts in its database tagged and ready for sale. Over 20 to 30 cars a week are purchased and added to inventory. They also belong to a network of salvage yards that allow other yards to purchase parts directly from them for their customers. This also works in reverse if this salvage yard has a customer that needs a part that is not in stock, they can utilize the service to find a part for the customer. This is a win-win for all salvage yards on the network.

Additional Details

Nearest MSA: Fort Wayne
County: Allen
Tax ID/APN: 021209428003000074
Retail Clientele: General, Business
Property Visibility: Good
Zoning Description: Commercial
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,516 87,307 167,307
Median Age: 32.87 32.9 33.72
Households: 3,471 34,582 67,614


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