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90138-BK Profitable Used Car Business in Northern VA!

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Related Searches:

Manassas, Virginia (Manassas city Co.)   |  Businesses for Sale Between $150k and $250k

Asking Price:
$175,000

Gross Revenue:
$2,000,000
Cash Flow:
$180,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$120,000
not included in asking price

FF&E:
$25,000
included in asking price

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Business Description

Profitable used car business located in BOOMING Northern VA area. Specializes in cars under $15,000. Purchase includes detail shop and furnished office. Owner willing to finance current car inventory for qualified buyer. Owner will train for up to 30-days after sale if required. Current showroom and lot has room for 25 cars, landlord will include another 5000sqft indoor space for additional $1,800 per month, which could hold an additional 50 cars.

About the Business

Year Established:
2007
Number of Employees:
1
Real Estate:
Leased
Building Sq. Ft.:
2,500
Lease Amount/Mo.:
$4,700.00
Facilities:
Profitable used car business located in BOOMING Northern VA area. Specializes in cars under $15,000. Purchase includes detail shop and furnished office. Owner willing to finance current car inventory for qualified buyer. Owner will train for up to 30-days after sale if required. Current showroom and lot has room for 25 cars, landlord will include another 5000sqft indoor space for additional $1,800 per month, which could hold an additional 50 cars.
Asking Price $175,000
Total Sales $2,000,000
Cost of Goods Sold $1,500,000
Total Expenses $320,000
Net Income $180,000
Market Outlook/
Competition:
Business is located in Auto Mall with 7 other used car businesses. This brings a steady stream of buyers. Many other car lots withing 5 mile radius means robust market! This business
Growth & Expansion:
Business is currently selling 15-25 cars per month with an average inventory of 25 cars. By taking the option for an additional 5000 sqft of indoor inventory, business can be grown.
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About the Sale

Reason For Selling:
other interests
Training/Support:
2 weeks

Listing Info

ID:
1448539
Ad Detail Views:
0

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Business Listed by

Bill Kelly

Transworld Business Advisors of Richmond VA

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Sponsoring Broker:

Transworld Business Advisors CEO, Rupesh Bharad
Transworld Business Advisors of Richmond VA

U.S. Census Data for Prince William, Manassas city and Manassas Park city Counties, VA
Age

Gender

Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Prince William, Manassas city and Manassas Park city Counties, VA
Income

Education

Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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