A person may not be licensed to conduct an automotive recycler business under this chapter unless:
(1) The business is conducted from a building that is adequate and appropriate for automotive recycling as approved by the Division of Motor Vehicles;
(2) The business has a storage area for at least 25 vehicles, the area is properly fenced and screened and the automotive recycler has complied with all of the requirements of Chapter 12 of Title 17 and all rules and regulations adopted pursuant thereto;
(3) The location is properly zoned by the local zoning authority for the operation of an automotive recycler business;
(4) The business be at a fixed location, as specified in the license application; and
(5) There be a substantial and legible sign:
a. That advertises the type of business conducted at the location;
b. That is placed in a manner that is readily seen by the public; and
c. That is in conformance with all state and local regulations, laws and ordinances.