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Business For Sale
AUTO/TRUCK LOTS & PARTS STORE ON 5+ ACRES
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Asking Price: |
$6,500,000
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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Retirement. |
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Year Established:
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1970 |
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# of Employees:
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15 |
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Yearly Revenues:
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$2,000,000 |
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Yearly Cash Flow:
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$500,000 |
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Yearly Net Profit:
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$500,000 |
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Total Debt:
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$None |
Business for Sale Overview:
Business has TWO car/truck lots as well as an AUTO PARTS store; all three have experienced growth with the same owner for over 30 years. $1.5M in receivables on car lots alone. Zoned C-7. The property is 5+ acres and the location is on a major street/highway in Indy.
Property Features and Assets:
The property is valued at over $3,500,000. The A/R is over 1.5 and it goes with it. With over $2 million in sales and a profit of approx. $500,000. This is worth looking at.
Market Competition and Expansion:
Competition is very limited due to unique opportunity with Two lots AND parts business included in sales price. Buy Here/Pay Here operation. This business is over 30 years old and has grown every year
Additional Details:
- The property is owned.
- 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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