A long-time operating used car dealership on a busy highway. Selling approximately 300 cars per year with about $3.5 to $4.0 million in an annual revenue. The owner has established long-standing relationships with customers and local financing arrangements. Two established employees can operate the business efficiently. The owner will finance the real estate if a buyer purchases the business.
- Asking Price:
- $290,000
- Sales Revenue:
- $3,500,000
- Cash Flow:
- $150,000
Property Information
- Real Estate:
-
Real Property Included
Business Operation
- Expansion Potential:
-
Adding more inventory can drive more demand and sales.
- Competition / Market:
-
There are other used car dealers but they concentrate on cars with 80,000 to 120,000 miles that sell for $8,000 to $14,000 where there is significant demand.
- Reasons for selling:
-
Retirement
- Trading hours:
-
9-6 weekdays 10-2 Saturday
- Employees:
- 2
- Years established:
- 1996
Other Information
- Support & training:
-
2 Weeks
