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Quick Facts
Asking Price: | $389,000 | |
Annual Revenue: | $450,866 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $128,137 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | Not Disclosed | |
Employees: | 1 | |
BBN Listing #: | 354654611 | |
Broker Reference #: | 5182-507929 |
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Business Overview:
Well established small Used Car lot in business for 8 years. Lot includes office (free standing stone building structure), car-port, office equipment, some tools, small fixtures and equipment. Add an auto repair, body shop or painting bay, capitalize on tourist industry with specialty vehicles. Average $70,000 in inventory. Owner may include up to 40k in auto inventory, to be negotiated. Over 125 units are being sold annually by the sole owner. Current marketing is mostly word of mouth, basic website and social media. Potential for expansion, growth and increased revenue through more advanced marketing techniques. Can be set up as a BHPH (buy here pay here), if desired. Owner often carries as many as 30 dealer financed vehicles generating steady monthly revenues at attractive interest rates. For someone familiar to this industry this will be a fantastic buy!
Established in 2013, this pre-owned auto dealership is now for sale. Option to lease one or two parcels, start small or double your space right away. High visibility location with recurring clients who buy clean and reliable used vehicles. The business has name recognition in the community and little to no competition in this particular area of the Smoky Mountains in East Tennessee. Mechanical repairs are arranged with local mechanic. Huge potential for a buyer who is also a mechanic, use the second parcel to set up your auto repair business. This one won't last long, get in touch to learn more about this rare opportunity.
Established in 2013. Purchased neighboring lot, both lots are available for lease (possible real estate as well). Current owner suggests adding auto repair to auto dealership to grow this business.
Expand by leasing both lots. Do more marketing. Offer recreational vehicles.
No competition in this particular area.
Car lot is .43 acre and includes 782 square feet building.
Optional lot is 1.01 acre.
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Reason for Selling:
Other interests.
Additional Details:
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