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Business for Sale Overview:

This Automobile Financing company has been around for the last 8 years in the area which is close to so many car dealerships in Santa Ana. The primary focus of this business is financing used cars for auto dealerships customers with less favorable credit. They buy automobile finance contracts which have finance charges of 10-24% from dealerships with 5-20% discount off of face value of the contracts. According to the owner this is very good business and there is a great opportunity to expand regionally and/or nationally. Owner is willing to train and teach the secrets of the trade and willing to stay with the new owner for about 2 months. This business is in exiting area of automobile financing with great income and favorable business hours. Buyers with good credit may qualify for working capital from a bank and expand the business very rapidly. Current owner has different businesses to take care of and does not have enough time to devote to this business. He is retiring from Automobile Financing business.

Additional Details:

• The property is leased.
• The owner is willing to train/assist the new owner.
• The owner may be willing to work for 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.