Buy Here Pay Here Pre-Owned Car Lot

Not Disclosed, NC
Wake County

Asking Price: Annual Revenue:
$360,000 $2,800,137

Automotive & Boats: Dealerships - Auto, Truck, Motorcycle

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RE: Buy Here Pay Here Pre-Owned Car Lot Broker: Aaron Tschetter

Quick Facts

Asking Price: $360,000
Annual Revenue: $2,800,137
Net Profit: Not Disclosed
Cash Flow: $240,734
Total Debt: Not Disclosed
FF&E: $7,500
Real Estate: Not Disclosed
Year Established: 2007
Employees: 2
BBN Listing #: 702256491
Broker Reference #: 67675-627595

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Business Overview:

This used car lot has been a local staple for the last 13 years and has earned a reputation of offering quality vehicles at great prices. The Buy Here Pay Here business model is a proven success and the current owner will train a new buyer in the business. The Used Car industry is experiencing continued increases in gross profit margin encouraging dealers to increase their footprint.

The owner was in the commercial auto industry through owning a Ford dealership in the northeast. After selling that business, he moved his family to NC where he used his knowledge of selling cars and put it to work by opening up a used car lot. The business has evolved to offer in-house financing which has increased revenue and provides a consistent monthly income.

The business has seen continuous increased revenue as the used car industry has grown nationwide. More cars on the lot will help in growing the business with plenty of room to add more vehicles.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Reason for Selling:


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.

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