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Business For Sale
USED AUTO SALES & RENTALS BIG ISLAND HAWAII
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Asking Price: |
$350,000
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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Parent health; single owner would prefer partner |
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Year Established:
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2004 |
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# of Employees:
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2 FT |
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Yearly Revenues:
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$1,000,000 |
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Yearly Cash Flow:
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$100,000 |
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Yearly Net Profit:
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$100,000 |
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Yearly Gross Income:
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$1,000,000 |
Business for Sale Overview:
The core business is used auto and truck sales. Serving the niche between the high priced manufacturere dealer lots and the private party market. Rentals by the day, week, month, and longer are also available. Direct financing is also available for selected deals. The owner will consider taking on a partner for half of this business, he can't do it all by himself.
Property Features and Assets:
The lot will hold approximately 50 cars, is completely fenced and gated. There is a covered area for cleaning and light repairs. Sales area is covered along with two enclosed offices in the building. One office has full bathroom facilities. Located in an industrial area known as the area to go to when you are shopping for a car or truck. All of the major dealers are close.
Market Competition and Expansion:
The Big Island, and particularly this area of the island, has experienced a high level of growth (the largest in the State). There is ample room for continued growth and the job market is robust.
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.
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