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SOLD! Motor Wrecking Yard – Buy a Business for less than total asset value – NSW

SOLD! Motor Wrecking Yard – Buy a Business for less than total asset value – NSW
Total Asset Value $2.45M Sale Price $1.2M

Business Sale Price:

$1,200,000

Business ID: BS143787
Location: NSW Regional
Type: Automotive

SOLD
$1,200,000

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SOLD! Motor Wrecking Yard – Buy a Business for less than total asset value – NSW

With a yard around 12 hectares and approximately over 3,000 vehicles on site. This would be the largest motor wrecker in Northern NSW if not NSW.

It is as near to a managed business as you could get with the 2-owner working around 10 hrs per week doing some admin and purchasing

  • Established over 40 years
  • Located in Northern NSW
  • Country location and Lifestyle 
  • Loyal Return Customers
  • Great reputation
  • History of profits
  • Staff are in place to make sure this business keeps performing. 

The systems and procedures are in place for the business to keep going seamlessly. It is proven with a long record of success having operated for over 40 years and transparent so you can see what you are getting.

The current owner has been in place since 1979 and is ready to slow down at the age of 73.

Located in Northern NSW, servicing Grafton, Coffs Harbour, Lismore, Casino, Ballina, Lower River and Glen Innes. Stock, Plant and Equipment is extensive. The potential is ongoing.

Price 1.2M, Including building valued at 1.8 Mil for Insurance, Stock valued at around $450,000 and Plant and Equipment valued by the owners at $200,000. Total Asset value is $2,450,000.

Details

Subheading : Total Asset Value $2.45M Sale Price $1.2M
Business ID : BS143787
Price : $1,200,000
Search Locations : NSW Regional
Search Type : Exclude Hospitality, Automotive
Price Range : $1mil+
Status : Sold

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