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Business for Sale Overview:

This pre-owned auto sales business is ideal for the entrepreneur who wants to own their own business, have a good income, and still have time for a life outside of work. The owner currently works only 2 hours per day, and averages 12 weeks of vacation a year! Even with the business being open only Monday-Friday 8:30-5:30, Seller’s Discretionary Earnings (SDE) have averaged $188,000 a year over the past four years. In addition to the benefits of having a long history, the Company has everything a successful business needs: an excellent high traffic location, a wonderful community reputation, loyal employees, years left on the lease and a renewal option, and a steady customer base. Growth opportunities include: opening Saturday and Sunday, or starting up the rental car business, a company that is included in the sale, but not yet operational. As an added bonus, the sale includes the company’s web site. Asking price is $350,000 plus car inventory, which averages about $600,000. The current owner floor plans some of this with Mannheim, the giant auto auctioneer and the company’s major supplier. The owner expects that a buyer with good credit could be able to floor plan a significant percentage of the inventory which will significantly increase the buyer’s return on investment. In addition the owner will provide $100,000 in seller financing. For more information please contact Rosalyn Caltrider at 808-573-2095. VR is the #1 business broker in Hawaii. To see all of our listings, many of which are not on 3rd party web sites, visit www.vrhi.com

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.