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- RE: Car Dealership Business-only In Mobile, AL!
- Contact: Kavita Purohit
Quick Facts
| Asking Price: | $499,000 | |
| Annual Revenue: | $600,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | Not Disclosed | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | Not Disclosed | |
| Employees: | Not Disclosed | |
| BBN Listing #: | 544233274 | |
| Broker Reference #: | Not Disclosed |
Business Overview:
Car Dealership Business-only in Mobile, AL that generates car sales and generates income from financing car sales!
Dealership has approximately 200 accounts with each account collecting between $250 to $275 per month! Interest rate on the accounts is 24.95%!
Sales are over $50,000 per month from the accounts!
All cars are tracked with a built-in sensor! If the payment is even one day late, then repossession is permitted. Repo cost is only $150 per car within the city.
Roughly 50 cars on the lot that are included in the price!
Rent is ONLY $1,500 NNN per month with a 15-year lease available to the buyer! Seller owns the property and will become the landlord.
Mechanic is onsite to handle repairs! Minimal learning curve for the Buyer!
Closed Sundays! Favorable hours from 10am to 6pm each day! Seller is the only person working the business other than the mechanic! Seller is looking to semi-retire!
11 Min from 1,300 acres of Class A Industrial Warehouse and Distribution space. 10 Min from a mixed-use development with affordable housing!
11 Min from the Lofts, one of the newest housing developments in Alabama’s Port City, consisting of residential units and several retail & office tenants.
3 Min from a multi-family apartment complex with 96 units! 2 Miles from Mobile International Airport!
High traffic count of 12,960 vehicles passing by the dealership each day!
Asking Price for Business-only: $499,000! Price includes ALL approximate 200 Accounts Receivable as well as the approximate 50 Car inventory!
If interested, please contact us with your full name and best contact number. Please use reply to this ad to contact us.
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Market Competition and Expansion:
11 Min from 1,300 acres of Class A Industrial Warehouse and Distribution space. 10 Min from a mixed-use development with affordable housing! 11 Min from the Lofts, one of the newest housing developments in Alabama’s Port City, consisting of residential units and several retail & office tenants. 3 Min from a multi-family apartment complex with 96 units! 2 Miles from Mobile International Airport! High traffic count of 12,960 vehicles passing by the dealership each day!
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more Alabama businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
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