Business Overview:
Extremely profitable used car dealer that follows a precise formula based on years of success at the present location, including an AR of $2.6 million at 22%, gross revenues in excess of $3.6 million, significant cash on the books and late model premium brand autos at higher mileages. Gross margins approach 50%. Real estate is included and the site is neat, tidy and shows extremely well. The ideal buyer is a seasoned auto veteran willing to adapt to the well-honed process of managing the receivables.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Reason for Selling:
Retirement
Additional Details:
- The property is owned.
- The owner is not willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
Resources: