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Used Car Lot and Business
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Proven Used Car Dealership in Used Car Mecca
Well-regarded used car dealership with a loyal customer base. The business presents a strong foundation for growth. The business includes real estate valued at approximately $600,000, a grandfathered used-car license in an area where no more will be issued, all business assets except the cars, and the promissory notes. The lot greater than 1/2 acre can hold up to 50 cars. The more cars you carry and sell, the bigger the monthly annuity gets from the growing promissory note payments. The owner is willing to train the new owner in all facets of the business.
About the Business
- Years in Operation
- 27
- Employees
- 1
- Facilities & Assets
- Lot Dimensions & Layout: The property spans approximately 1/2 to 3/4 acre, with dimensions of 150 ft. wide x 300 deep, offering ample space for vehicle display, customer parking, and secured storage.
Office and Admin. Space: Includes a 30 ft. x 30 ft. airconditioned office with one bathroom, 3 desks, 3 chairs, and 2 computers set up for immediate administrative operations. Secure Vehicle Storage Area. - Market Outlook / Competition
- The used car market in the Dallas area is massive. This company can grow exponentially to the extent you add additional inventory and additional personnel to manage the business. The owner has a proven growth model that will work for any owner that has the capital to scale the business.
- Opportunities for Growth
- Add more cars and grow the business substantially right where it is.
Real Estate
- Owned or Leased
- Owned
- Included in asking price
- Building Sq. Ft.
- 1,205
About the Sale
- Seller Motivation
- The owner is older and wants to retire.
- Transition Support
- Owner Transition Assistance: The owner will support the buyer with training and onboarding to ensure a smooth operational handover
Employee Continuity: Key employee is willing to remain post sale, offering continuity in sales, mechanical work, and contract handling. - Financing Options
- With $150,000 down owner will finance $450,000 over 10 years at 6%
Listing Info
- ID
- 2371587
- Listing Views
- 1749
Listing ID: 2371587 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.
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