Profitable Used Car Dealership on Prime Location
Located prominently with a 1,500 SF office and an expansive 8,000 SF lot exclusively for dealership use, this well-established business has served the community for over a decade, with the current owner managing operations for 1.5 years. The dealership operates efficiently with 4 full-time employees and offers non-buy here/pay here financing options to customers. Boasting a current inventory valued at over $400,000 ($75k included in the asking price), the seller is open to financing the inventory directly, as there is no floorplan financing for vehicles. With annual revenues exceeding $2 million and a robust Seller's Discretionary Earnings (SDE) of over $500,000, this opportunity presents strong potential for growth and profitability in the competitive automotive industry. The lease renews yearly.
