Asking Price: $129,900 Gross Revenue: $692,000Cash Flow: $63,500 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed FF&E: Not Disclosed included in asking priceReal Estate: Not Disclosed Share this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
This is a well established tote-the-note used car dealership for sale in Wichita. The current owner has a professional practice and purchased this business in 2013 as an investment. He does not work in this business. He has a staff in place that manages and runs the day to day operations. He is selling so he can devote more time to his busy and growing practice.
This is a perfect business for a "car guy or gal" or for a family team to run and actively operate.
There is enough room on the lot to hold up to 80 automobiles.
About the Business
Number of Employees:
They are located in a high visibility area of town with other used car dealers. The competition's marketing helps bring traffic to their area. This business offers better priced vehicles over their competitors.
Growth & Expansion:
There is plenty of room to expand the business by adding more vehicles to the lot.
Tote the Note Used Car Dealer for sale in Wichita, KS
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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
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