Business for Sale Overview:
Excellent opportunity to own one of this area's long established used car businesses with a solid reputation for quality, exceptional service, and customer satisfaction. This is a seasoned 15 year old business that has been in the same location with excellent visibility. The business specializes in selling retail used cars and small trucks to repeat customers for cash or in-house financing. Approximately 75% of sales are to repeat customers with their target market being local working people. The lot will hold up to100 cars with ample room to expand. The main building has offices, reception, and kitchen area and is located in front of their separate 6 bay "make ready" garage (with 4 lifts). All systems are in place and running well for this turn-key business, including the Computerized Automotive Record Systems (CARS) software for in-house financing. Also, available for sale are the accounts receivable (in-house car notes) at a 20% discount.
For more information regarding this listing please contact us by completing the "Contact the Seller" form below. We look forward to hearing from you.
Property Features and Assets:
2 freestanding facilities (10,922 Square Feet total) on 1.31 acres of land.
Market Competition and Expansion:
Adding outside repair work should increase revenues. Add more inventory (cars) to sell.
Reason for Selling:
Owner has another business and wants to devote more
Additional Details:
- The property is owned.
- The owner is not 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.
Contact the Seller:
To contact the seller of this business for sale, please complete and submit the following email form. The seller or broker will be in touch with you typically within 1-3 business days. Fields with an asterisk (*) are required.