Modernized Auto Dealership And Lending Businesses

Business Overview:

Owner has purchased this business in 2023 and modernized via AI and automated document routing with two used car dealerships and finance company and has turned this enterprise into a highly profitable business with incredible growth trajectories. Owner also has a template to grow the business in magnitudes via acquisitions with currently signed LOI's to incorporate additional business into this repeatable model. Finance Company currently has a large A/R waiting (over $5M) for the new owner to receive. Here are some interesting statistics: Only 2% repo rate on all loans. Once buyer decides to buy car it can be processed and financed in less than 30 minutes. This model is ready for franchising. The finance arm as of 5/31 has A/R of $5.1M that is included in the sale >>

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Reason for Selling:

New venture. Kindly ask the seller for more information.

Additional Details:

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