Car Dealership Business-only in Mobile, AL that generates car sales and generates income from financing car sales!
Dealership has approximately 200 accounts with each account collecting between $250 to $275 per month! Interest rate on the accounts is 24.95%!
Sales are over $50,000 per month from the accounts!
All cars are tracked with a built-in sensor! If the payment is even one day late, then repossession is permitted. Repo cost is only $150 per car within the city.
Roughly 50 cars on the lot that are included in the price!
Rent is Only $1,500 NNN per month with a 15-year lease available to the buyer! Seller owns the property and will become the landlord.
Mechanic is onsite to handle repairs! Minimal learning curve for the Buyer!
Closed Sundays! Favorable hours from 10am to 6pm each day! Seller is the only person working the business other than the mechanic! Seller is looking to semi-retire!
11 Min from 1,300 acres of Class A Industrial Warehouse and Distribution space. 10 Min from a mixed-use development with affordable housing!
11 Min from the Lofts, one of the newest housing developments in Alabama’s Port City, consisting of residential units and several retail & office tenants.
3 Min from a multi-family apartment complex with 96 units! 2 Miles from Mobile International Airport!
High traffic count of 12,960 vehicles passing by the dealership each day!
Asking Price for Business-only: $499,000! Price includes ALL approximate 200 Accounts Receivable as well as the approximate 50 Car inventory!
If interested, please contact the seller through the form on this page. Information package available to all qualified Buyers upon a Non Disclosure Agreement being executed.
