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Car Lot
| Asking Price: | $2,500,000 | Inventory: | |
| Gross Revenue: | $1,800,000 | Real Estate: | $350,000 ++ |
| Cash Flow: | $700,000 | FF&E: | n/a |
| ++ included in the asking price ** not included in the asking price | |||
This car lot business was founded in 1996. 95% of sales revenues stem from “buy here, pay here” used cars and the remaining 5% of sales revenues stem from retail sales of used cars. They have earned an excellent reputation for their expedient and reliable service, expertise in the field, experienced staff, convenient hours and location, and competitive prices. They maintain an extensive base of satisfied clientele from all walks of life. Name recognition, longevity, profitability, established patronage, growth capabilities, diversity, priced to sell….all of these attributes make this offering a sound venture for the fortunate party who acquires it. The current owner will stay on through a reasonable transition period to acclimate you to the business, the employees and the clientele. Call now for more information about this exciting business opportunity.
About the Business
Year Established:1996
Employees:1 full time -
Relocatable:Yes
Facilities:There are two single level buildings totaling 1,500 square feet and they have both been recently remodeled. There is ample room for expansion at its current site. The facility is located on a city street near a state highway in a high traffic area with good visibility.
Market Outlook and Competition:There is some competition in this area.
Growth and Expansion can be obtained by developing a website.
About the Sale
Reason For Selling:Retirement
Seller Financing:There is some owner financing available for the right buyer.
Sell Your Business | This listing has been viewed 463 times
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Industry: Auto Related
Segment: Auto Dealers Next Listing: Growing & Profitable Automotive Business
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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