joehalford01
'Vette brake specialist!
Hey guys,
I have been super busy lately but i thought i should jump in here and ask for some opinions. I might have the opportunity to purchase a junkyard if i play my cards right. (don't worry zordan, it's not that one u told me about )
It belongs to the husband of my wifes stepdads stepmom (thats an earful). Anyways, the guy is a total drunk, it's still in his dads name but his dad is too sick to run it. The son (drunk guy-hes nice when he's sober) usually just goes out there when he feels like it and opens up, gets drunk, and passes out. My wifes step dad has been semi running it for the last couple months and has been given me the low down. I went out there with him to check it out, basically, it's about three acres, i'd say 200-300 cars and half should be crushed. The shop is good sized and in good condition but there is a house right behind that should be torn down. Also, it is completly unorganized, the fence needs to be replaced all the way around as it is falling over and the only working forklift they have has no brakes or power steering. The upside is that it is the only junkyard in the area and despite everything that is wrong they still get a ton of business. My father in law is going to start prodding around to see what they may be thinking as far as selling and we'll go from there. I'm thinking it would be a ton of work to get set-up right and i'd be looking at least a $15,000 investment right off the bat but i think there is plenty of opportunity there also. What do you guys think?
I have been super busy lately but i thought i should jump in here and ask for some opinions. I might have the opportunity to purchase a junkyard if i play my cards right. (don't worry zordan, it's not that one u told me about )
It belongs to the husband of my wifes stepdads stepmom (thats an earful). Anyways, the guy is a total drunk, it's still in his dads name but his dad is too sick to run it. The son (drunk guy-hes nice when he's sober) usually just goes out there when he feels like it and opens up, gets drunk, and passes out. My wifes step dad has been semi running it for the last couple months and has been given me the low down. I went out there with him to check it out, basically, it's about three acres, i'd say 200-300 cars and half should be crushed. The shop is good sized and in good condition but there is a house right behind that should be torn down. Also, it is completly unorganized, the fence needs to be replaced all the way around as it is falling over and the only working forklift they have has no brakes or power steering. The upside is that it is the only junkyard in the area and despite everything that is wrong they still get a ton of business. My father in law is going to start prodding around to see what they may be thinking as far as selling and we'll go from there. I'm thinking it would be a ton of work to get set-up right and i'd be looking at least a $15,000 investment right off the bat but i think there is plenty of opportunity there also. What do you guys think?