Fully Licensed used car dealership with a very unique business model of selling cars online through eBay, priced at only 1.5x earnings. Although we do have a physical space, 90% of our sales are online with customers never setting foot in our dealership. Online auto sales is a rapidly growing business segment with more and more customers preferring to buy their cars fully online and avoid the hassle of physically visiting a dealership. Business has a large degree of automation, owner is able to leave the country for several months at a time with business operating smoothly. Only two employees can run the business perfectly. The eBay store is – www.discountluxuryautos.com

Selling cars online also allows business to keep overhead low and operations simple. Customers buy cars from us sight-unseen from all over the world because of our 20+ year old eBay account with an impeccable 100% feedback rating and over five hundred five star reviews. When customers see that we have been a Top Rated eBay dealer for 20+ years, they have full confidence that the vehicle they receive will be just as described. Our account is likely the oldest and most established on the entire eBay Motors platform.

To further differentiate the business, our cars are sold at around 30% below retail value due to the fact that they have “rebuilt” branded title (meaning cars were repaired from previous accidents or water damage). We don't repair any cars ourselves, instead – we have a partnership with several body shops and mechanics that deliver cars to us already fully repaired. It's not necessary to visit car auctions to compete against other dealers for inventory or deal with repairs/reconditioning - as “auction cars” are almost never retail ready. Cars get delivered right to our dealership, even cleaned and completely retail ready. Our partners stand behind them (if you discover any problem – they fix it at their expense).

With an average inventory of 30-35 cars, the business moves 30 percent of its inventory every month. Cars get sold automatically via eBay platform through a very simple process. A customer may email or call with questions, then they will leave a deposit via eBay. Paperwork gets sent to their email to sign electronically. Then, they simply wire the money to our account and we ship the car to them without ever meeting them in person.

Business is priced very competitive at only 1.5x earnings. Owner has been in the car business for 20+ years and is looking to move on. The books and accounting is perfectly organized. No owner financing or SBA loans, looking for a cash sale. Current inventory of 30-35 cars (valued at $600,000-$700,000) is not included. Floor plan line of credit for inventory is available (must have excellent credit of course). Serious inquiries only please.