12441 Whitesville Rd, Laurel, DE 19956

The Hanna Team at SVN - Miller Commercial Real Estate is proud to bring to market an active operating salvage yard. With a salvage license & permit being nearly impossible to get, this offers a turn-key opportunity. Being offered for sale is the real estate with the salvage license & permit which consists of a 34+/-acre property featuring a +/- 5,100 SF retail/shop building in good condition as well as 25,000 +/- SF covered storage currently used to house inventory of individual parts. The seller holds 14 licenses in relation to the salvage business, auto retail and wholesale, towing, recycling, and more. Also included is 9,000 lb lift and two 80-gallon air compressors. The property recently underwent major ditching and wastewater pond construction (EPA approved) as well as considerable leveling of the lot.

As a bonus - The property also includes a 1,100 +/- SF brick rancher, currently leased!! This could be used by the new owner for themselves to an employee, or just to rent for additional income.

The current owner is operating at a limited capacity due to time constraints of owning other businesses. They currently operate as a "Pick & Pull" business and scrap remaining vehicles for a profit. Areas of growth that the owner does not have the capacity to handle are online parts sales, towing & impounding, and scrap metal.

The offering does not include the existing inventory of vehicles, parts, or other equipment on site but can be purchased as well. With the inventory amount and value regularly changing it would be too hard to place value on that for any given day. For reference, current inventory is recorded within the Hollander Interchange system which includes hundreds of viable engines, transmissions, tractors, and other major parts and pieces of equipment that have been inventoried and are available to a buyer via separate negotiations if desired. If not, the seller can have all the above-mentioned items removed within 30 days.

Location Description

Discover the potential of Laurel, DE - an ideal location to serve the Delmarva Peninsula. Nestled in a strategic position, this area offers proximity to major transportation routes, including US Route 13 and the Port of Wilmington. Laurel provides easy access to a skilled workforce and a business-friendly environment.

Highlights

• 10 licenses & permits in place

• Minimally being operated offering good upside

• 1,100 SF brick home on-site included

• Recent stormwater enhancements

• Regular EPA testing in place