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Listing Number:3098

Delivery/Storage Business for sale in Queens County, New York

Business: Delivery/Storage Business for Sale
County, State: Queens County, New York
Business Type: Retail, Freight Moving/Delivery/Storage/Warehousing, Service

Summary Description

QUEENS VERY BUSY USED AUTO PARTS AND SALVAGE YARD SPECIALIZING IN AMERICAN AND FOREIGN NEW AND USED AUTO PARTS AND GLASS. THIS LONG ESTABLISHED BUSINESS IS VERY PROFITABLE AND PRICED TO SELL. OWNER TIRED AND NEEDS A CHANGE. THIS BUSINESS IS VERY VERY SCALEABLE BY ADDING ADDITIONAL YARD IN QUEENS OR LONG ISLAND FOR STORAGE OF JUNK CARS. (PLEASE NOTE BROKER HAS ADDITIONAL PROPERTY FOR SALE IN LONG ISLAND PRICED TO SELL, CALL FOR DETAILS.). THIS YARD IS ALSO KNOWN FOR ITS QUICK USED PART LOCATER THROUGH ITS NETWORK OF TELETYPE SERVICE. INCLUDES OFFICE SPACE WITH COUNTER SERVICE, YARD AND THREE FLOORS PACKED WITH THOUSANDS OF USED AUTO PARTS. INVENTORY INCLUDES OVER $150,000 PLUS $50,000 IN EQUIPMENT. OTHER SMALL IMPROVEMENTS CAN GREATLY INCREASE THIS YARD. OWNER WILL TRAIN AND EXPERIENCED CREW WILL REMAIN EMPLOYED. ABSENTEE OWNER MAY HIRE EXPERIENCED FULL TIME MANAGER FOR ABOUT $60,000 PER YEAR. SELLER CAN ARRANGE UP TO 15 YEAR LEASE, RENT ONLY $5,000 PER MONTH. CONTACT BROKER FOR MORE INFORMATION. ESTABLISHED 25 YEARS WITH GRANDFATHERS RIGHTS.

About the Sale

Asking price: $400,000 (USD)

Financing: $200,000 down and 200000 AT 8% FOR 60 MONTHS

Total Revenues: $768,000 (USD)

Cash Flow: $286,667 (USD)

Reason Selling: OTHER INTRESTS

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Disclaimer: The information in these listings have been provided by the Seller and Vested Business Brokers, Ltd. has not independently verified this information and has no responsibility for its accuracy or completeness. Vested recommends that you consult with an accountant, attorney and other professionals to represent and assist you in any transaction. Vested's associate brokers will arrange a meeting between you, your representatives and the Seller, but is not authorized to make any representations or warranties. You agree to hold Vested and its associated brokers harmless of any misrepresentations made by seller.