- Advert ID: 697995
- (Seller ref: mkfcamk)
Auto Dealership For Sale
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Summary
- Asking price:
- $150,000 (Furniture / Fixtures included)
- Sales revenue:
- $500,000
- Net profit:
- $100,000
- Years established:
- 1938
Business description
Great and busy Auto dealership for the last 60 years in Long Beach. The car lot is located on high traffic intersection with over 270 ft. of blvd frontage. There are variety of complementing businesses such as auto body shop, auto part store, auto glass, auto repair shop and other similar shops surrounding this dealership.
According to the owner this location has a great potential for growth just by adding sales force and more cars. There are multiple offices on the lot which are being remodeled and could Conveniently fit expanded sales force or sub-lease to other businesses.
This location has under market rent.
Annual Revenue: $500,000
FF&E: $8,000 (Included in the price)
Inventory: $300,000 (NOT included in the price)
Seller?s Discretionary Cash Flow: $100,000
Asking Price: $150,000
Property information
- Lease terms:
- expires 2009 - 5 year option.
- Location:
- 1,600 sq.ft.-rent-$2,500.
Other information
- Support & training:
- seller will provide training.
- Reasons for selling:
- other ventures.
- Financing available:
- not disclosed.
- Furniture / Fixtures value:
- $8,000 (included in the asking price)
Contact the seller
For more information about this business for sale, click the Contact Seller button.
Please only contact this seller if you have a GENUINE interest in buying this business. DO NOT MAKE CONTACT if you wish to sell your third party goods or services as you will be blocked from this site.
related resources
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