$295,000 NET Two Location Used-Car Dealership w/a Large Inventory!!!

Asking Price$2,250,000

Cash Flow
$295,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$3,480,000

Inventory$700,000
Included in asking price
FF&E$150,000
Included in asking price
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$295,000 NET Two Location Used-Car Dealership w/a Large Inventory!!!


Asking Price$2,250,000

Cash Flow
$295,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$3,480,000

Inventory$700,000
Included in asking price
FF&E$150,000
Included in asking price

Seller Financing Available
Business Description
If you are looking for a turn-key Used Car Auto Dealership portfolio with two separate locations with a solid brand in the Heart of Tucson then look no further. The dealership boasts $1,500,000 worth of inventory in which $700,000 worth is owned and will be free and clear to the Buyer after close of escrow and included in the price. $800,000 worth is on a credit line which will be assumed by the Buyer with an additional $1,000,000 credit line to utilized in the future if necessary. Buyer assumes all liability of floored units and as for the privilege of flooring additional units buyer must meet lender's requirements. Both locations have all the staff in place, and just need a dedicated owner to take it to the next level. The dealership also has a software and privilege relationship with CUDL with itself is worth around $500,000 according to the Seller. Both stores also boast $150,000 worth of Garage/Facility Value Represents the operational site or infrastructure included in the sale. The first location has a 2,500 sq.ft. building that sits on a 26,000 sq.ft. lot. with a lease of $5,500 with 10 years and an option. The second location has a 1,000 sq.ft. building that sits on a 11,000 sq.ft. lot. with a lease of $3,250 with 7 years and an option. The seller is offering amazing seller financing terms as well with $1,000,000 down and $1,250,000 balance for 10 year amortized with a 5 year ballon payment at 0% interest rate. The lease terms, seller financing terms, included assets and the price for two different location make this listing a really blue moon opportunity and it will go quick.
About the Business
Number of Employees
10
Facilities & Assets
Two Locations in the Heart of Tucson
Opportunities for Growth
Tons of room for growth with more online marketing and a dedicated owner.
Real Estate
Owned or Leased
Leased
About the Sale
Transition Support
2 Weeks after Sale
Financing Options
$1,000,000 down and $1,250,000 balance for 10 year amortized w/a 5 year ballon at 0%
Listing Info
ID
2397254
Listing Views
491

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Business Listed by: Mike Darmo American Realty Brokers

Listing ID: 2397254 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. See our full Terms of Use. Learn how to avoid scams.