Successful Turnkey Wisconsin Auto Recycler for Sale

Wisconsin
Asking Price:$2,900,000
Gross Revenue:$1,370,056
FF&E:$389,745
Established Year:1981
Cash Flow:$229,451
Inventory:$2,300,000
Real Estate:$1,350,000
BUSINESS DESCRIPTION

$1.4 Million Annual Sales + Opportunities for Growth

After many years of growing our successful auto recycling business in Wisconsin, we’re seeking a new owner so we can retire, knowing it is in good hands. If you’re looking for a turnkey business that enables you to hit the ground running, with annual sales of $1.4 million and plenty of opportunity to grow, this might be the business for you.

We leverage a Checkmate inventory management system to track and sell auto parts from our $2.3 million inventory, which includes 360+ parts cars from 2007 – 2020 model years. Our efficient sales, operations and delivery services have earned us a loyal customer base of insurance companies, auto dealers and repair shops in a 60-mile radius around our business. Our popular eBay store generates 15 - 20% of our total sales per year. Walk-in customers are a small but appreciative part of our business, as evidenced by our consistently high Google review ratings that are well above those of our competition.

Our employees enjoy a safe, comfortable work environment complete with late-model equipment and air conditioning, which is particularly appreciated in the hard-working auto dismantling department. We are a responsible recycler of oil, gas and other fluids from our parts vehicles, and we work hard to ensure our entire business is environmentally responsible.

Our property is 22 acres, and our business operates on 8 acres, leaving plenty of room for expansion into the remaining 14 acres that are currently used for contract farming. Located in a small community with good schools, low crime and great people, our business is one minute from a major highway, which provides easy access to our customers throughout the region.


DETAILED INFORMATION
Location
Wisconsin
Inventory
Included in asking price
Real Estate
Owned
Included in asking price
Building SF
24,000
Employees
5
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Our main building is 19,000 sq. ft. and hosts our retail/office, warehouse and shipping operations. Our 5,000 sq. ft. dismantling building features 5 bays and 6 lifts. Both buildings are on well water with holding tanks for the septic system. Equipment includes: John Deere 644c wheel loader with long forks, Hyster electric stand-up forklift, Hyster LP sit-down fork lift, 2020 Ford Transit 250 cargo van, 2018 Ford Transit Connect cargo van, 2012 Express 3500 box van, and 1997 Chevy 2500 pickup with plow.
Competition
The local market has few auto salvage competitors and none with the quality of parts and service we have built. Our long-standing customer relationships with insurance companies, auto dealers and repair shops extend in a 60-mile radius from our office and could be expanded further by an ambitious new owner.
Growth & Expansion
The current business is operating on 8 acres zoned for heavy industrial. The remaining 14 acres are zoned agricultural and farmed via contract. The auto salvage business could be expanded with re-zoning and improvements, or the buyer could develop other business enterprises on the excess acreage. Re-zoning should be acceptable to local government due to the industrial nature of adjacent properties.
Support & Training
The owner will provide support and training to the buyer for 6 months after the purchase. The employees are experienced and knowledgeable, and the new owner would be encouraged to retain them to maintain sales and service levels.
Reason for Selling
Ready to retire
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Steve L
Steve L