Business for Sale Overview:
This auto dealership & repair shop located on busy intersection in Fullerton. It is surrounded by few shopping centers and major retail & wholesale shops and close to 91 FRWY. The dealership has been around since 1997 under the same owner. This dealership includes a repair shop which is an authorized repair shop for all the municipally owned cars & small trucks. According to the owner this is a well known dealership in the area and during the last 12 years he has many repeat & referred customers. His main reason for selling this business & property is because he needs more capital to increase his inventory level. He entertains the idea of having investor or partner on board as well. The owner is willing to lease back the property & business from the new owner for $7,000 a month, even though currently he devotes only $5,000 a month for rent. Annual Revenue: $1,320,000 (Dealership: $1,200,000 & Repair Shop $120,000). FF&E: $30,000 ( included in the price). Inventory: $200,000 (NOT included in the price). Seller’s Discretionary Cash Flow: $200,000. Asking Price: $795,000. Property Asking: $645,000. Disclaimer: The information above was furnished by the seller. Sunbelt Business Brokers of Orange Coast or its agents have not verified the information and makes no representations as to its accuracy or reliability.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
7,000 sq. ft. lot - 750 sq. ft. building. Rent $5,000 - 5 year option. Ample parking. Seller owns the property - property offered at $645,000. Seller will provide training.
Reason for Selling:
Lack of capital.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.