Auto Salvage Yard For Sale

Just listed for sale recently is a prime Auto Salvage Yard business in the heart of Los Angeles.  Located on a lot that is over 50,000 sq ft, the current owner has cleaned up the yard and refocused the business on a sweet spot of popular late model cars.  Additionally, there are Three (3) Sublessees paying weekly rent that subsidize approximately 75% of the monthly rent on the property.  This location has been established as a Salvage Yard for over (50) Fifty Years.  Valid licenses for Glass, Dismantling, Repair and a Salvage Yard are in place for the Industry.  Very hard to open or start a business like this given the space required and shortage of properly zoned space in Urban Southern California.  Gross Sales and SDE (Adjusted Net) are projections based on the first few months of operation under the current owner.  The owner does not live close to the business, and is going to move even further, so he wants to sell and buy a business closer to him.

Monthly Gross Income over $40,000 per month, with a Monthly Average Adjusted Discretionary Earnings of over $12,000 per month.  Contact Pramod Patel at 323-213-9193 for more information.

Asking Price is $275,000