Business Overview:
Currently operated by just a husband and wife. An Owner Operator can earn $275,000 per year operating this great Used Car Lot with just one employee. Business is in a prime location on the West side of Las Vegas. Extremely easy to operate and profitable business. Business has clean records including tax returns that show the profitability including the details of every purchase and sale. Seller believes that profits are not optimized and that an active owner will earn significantly more with the addition of operating capital and creative use of lenders. The average car is purchased for between $3000 and $5000 and many are sold at 100% markup. Being able to purchase cars off the street would also add to the business. The Southern Nevada market is on the rebound and 2011 sales are significantly above 2010. Only 10% of all sales are financed in house and there is a huge upside potential. A buyer can continue operating under the same business model or can increase operating capital and make significantly more income by financing more in-house and by purchasing cars off the street. For more details contact Alan Horwitz at sunbeltlv@gmail.com or 702-714-0229
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:
Other Business Interests
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
Resources: