Used Car Dealership And Lending Company

Business Overview:

Owner is ready to step aside to hand off this incredible opportunity. This unique business is ready to be turned into a franchise operation with recipes for success already proven. Currently has over 100 applications to join the franchise at $80K per applicant of someone decided to move forward with it. Owner only spends a few hours a week remotely to keep an eye on the financials. Current management runs the entire operation. Both the dealership and the loan company are cash flowing $3.7M per year and is on track to be approaching a $5M/yr pace. The reason for this planned growth is this dealership has two locations but until recently only one was being used to sell cars and now both have cars on the lot. Hence the reason for the probable doubling of car sales as the recently opened location has much more visibility. Note: Owner will also accept offers for one of the two businesses being sold in this listing.

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Property Features and Assets:

Two locations

Reason for Selling:

New venture. Kindly ask the seller for more information.

Additional Details:

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