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Business For Sale
USED CAR DEALERSHIP
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Asking Price: |
$2000000
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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Other interests. |
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Year Established:
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1997 |
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# of Employees:
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7 |
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Yearly Revenues:
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$5000000 |
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Yearly Net Profit:
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$400,000 |
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Yearly Gross Income:
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$2000000 |
Business for Sale Overview:
Long established used car dealership in prime location. Sold as turn key operation, due to owner does not control the actual business. Lot can place up to 60-70 cars. Business has been in same location for 10 years. Also has mechanical and transmission shop. Great opportunity to grow. $1,000,000 down will put new owner to work right away. Spacious showroom and private offices. A must see. 9,000 sq. ft. lot.
Property Features and Assets:
Make any reasonable offer! This is a large used car dealership located on a major boulevard in Silver Spring. They have close freeway access along with plans for a major retail and housing development scheduled for construction across the street form the dealership. The current owner is selling in excess of 30 cars per month. The property itself has 5 office space rental units available including a 4 bay garage with 1 hydraulic and 4 electric lifts. This is a must see!
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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