Request More Information Contact the Seller
- RE: Used Auto Sales Lot/Dealership For Sale
- Contact: Trey Langus
Quick Facts
Asking Price: | $225,000 | |
Annual Revenue: | $515,817 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $100,000 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | Not Disclosed | |
Employees: | Not Disclosed | |
BBN Listing #: | 582355279 | |
Broker Reference #: | 24876-370609 |
Business Overview:
**Real Estate available for outright purchase for $375,000** -Conveniently located in Southern Louisiana, with easy access to major routes and cities. -Option to purchase Real Estate outright for $375,000 or lease for $2200/mo -Started in 2012 by father and son--Obtained dealer's license and initially sold vehicles through Facebook and Craigslist. -Moved to a commercial lot and built a brand new office building in 2014 -Introduced 'Rent to Own' or 'Rent with the Option to Purchase' in 2019, boosting the bottom line and efficiency. -Currently only advertises on their website but can use avenues such as CarGurus or AutoTrader to increase visibility. -Niche is geared to those who want a vehicle for under $10,000 -Thrived even during challenging times like the COVID-19 pandemic, inflation, and inventory shortages. -Maintained a strong customer base without spending on advertising in the past three years. -Cost Efficiency: Decreasing inventory costs, allowing for increased sales. -The facility has a paved and asphalted lot and commercial lighting. -Increased hours and larger inventory can significantly enhance profitability for the new owner.
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:
Retirement
Additional Details:
- The property is owned.
- 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:
- View more Louisiana businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
Request More Information