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- RE: $295,000 NET Two Locations Used-Car Dealership
- Contact: Mike Darmo
Quick Facts
| Asking Price: | $2,250,000 | |
| Annual Revenue: | $3,480,000 | |
| Net Profit: | $295,000 | |
| Cash Flow: | Not Disclosed | |
| Total Debt: | Not Disclosed | |
| FF&E: | $150,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | Not Disclosed | |
| Employees: | 10 | |
| BBN Listing #: | 995763 | |
| Broker Reference #: | Not Disclosed |
Business Overview:
If you are looking for a turn-key Used Car Auto Dealership portfolio with two separate locations with a solid brand in the Heart of Tucson then look no further. The dealership boasts $1,500,000 worth of inventory in which $700,000 worth is owned and will be free and clear to the Buyer after close of escrow and included in the price. $800,000 worth is on a credit line which will be assumed by the Buyer with an additional $1,000,000 credit line to utilized in the future if necessary. Both locations have all the staff in place, and just need a dedicated owner to take it to the next level. The dealership also has a software and privilege relationship with Cudle with itself is worth around $500,000 according to the Seller. Both stores also boast $150,000 worth of Furniture, Fixtures and Equipment which is included in the price. The first location has a 2,500 sq.ft. building that sits on a 26,000 sq.ft. lot. with a lease of $2,400 with 10 years and an option. The second location has a 1,000 sq.ft. building that sits on a 11,000 sq.ft. lot. with a lease of $3,250 with 7 years and an option. The seller is offering amazing seller financing terms as well with $1,000,000 down and $1,250,000 balance for 10 year amortized with a 5 year ballon payment at 0% interest rate. The lease terms, seller financing terms, included assets and the price for two different location make this listing a really blue moon opportunity and it will go quick. >>
Contact the Seller:
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button (above Quick Facts) and when you are done searching and have made all your selections, simply click on the REQUEST FREE INFO button at the bottom of this page.
Property Features and Assets:
Two Locations in the Heart of Tucson
Market Competition and Expansion:
Tons of room for growth with more online marketing and a dedicated owner.
Reason for Selling:
Kindly ask the seller for more information.Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
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