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Business For Sale
HIGHLY SUCCESSFUL USED CAR DEALER
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Asking Price: |
$550,000
USD USA Dollars
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Business for Sale Industry: |
Auto & Mech: Retail
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Reason for Selling:
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Pursue other interests |
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Year Established:
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1983 |
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# of Employees:
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2 Full Time; 1 Part Time |
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Yearly Cash Flow:
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$220,000 |
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Yearly Gross Income:
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$1,800,000 |
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Monthly Payroll:
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$8,000 |
Business for Sale Overview:
This used car dealer has been in business for the last 25 years, last 10 with the current owner. Great visibility as it is situated next to a major Freeway, at a corner location. Mostly help run. Price includes $200,000 worth of inventory which turns every two months. Buyer has an option to purchase the business without inventory. Seller is able to prove all the numbers and seller will train the new buyer 100% about the business.
Property Features and Assets:
Building: 500 square feet;
Lot: 4,000 square feet.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner is not 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.
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