Business For Sale

Top 10% Used Car Dealer

Palm Beach County, FL


Asking Price: Annual Revenue:
$1,100,000 $1,800,000

Automotive & Boats: Dealerships - Auto, Truck, Motorcycle


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RE: Top 10% Used Car Dealer Broker: Ken Elkin

Quick Facts

Asking Price: $1,100,000
Annual Revenue: $1,800,000
Net Profit: $250,000
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $5,000
Real Estate: Not Disclosed
Year Established: 2007
Employees: 4
BBN Listing #: 903511185
Broker Reference #: 17003556

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Business Overview:

TOP 10% USED CAR DEALER. Incredible Location on major road in nice area. Affordable $4,000/month long term lease way below market rate. Lot is an entire city block that holds up to 100 cars, including 26 on major road frontage. Sales consistently rank in the top 10% of county independent dealers. Includes $450,000 in installment receivables, generating $8,000 per week in steady income, and $100k in non-floorplan inventory. If you understand the car business, you need to take a serious look at this opportunity!

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Property Features and Assets:

Accounts Receivable: $450,000 (included in the asking price). Inventory: $100,000 (included in the asking price). Lease/Month: $4,000. Square Footage: City block. Building Type: Paved lot/office. Terms & Options: 6 yr option. Expiration Date: 12/31/2022

Reason for Selling:

Semi-Retirement

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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