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- RE: Used Car Dealership In A Great Location
- Contact: Rob Cohen
Quick Facts
| Asking Price: | $200,000 | |
| Annual Revenue: | $1,800,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $150,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $10,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2002 | |
| Employees: | 2 | |
| BBN Listing #: | 982600 | |
| Broker Reference #: | 101978949 |
Business Overview:
Located at a traffic light in a very highly visible location with about 54,500 cars passing daily according to the FDOT. There is inventory valued at over $100,000 which the buyer can pick and choose from and pay for whatever they're interested in buying, but there's no obligation to buy any of the inventory. There is substantial repeat business due to the unique way of doing business. This is a Buy Here Pay Here lot. The seller does all the financing and will be willing to finance for the new owner if requested. This business has been owned by the same owner for 22 years and has been in the same location in Fort Lauderdale for 11 years. the used car lot can be built up to be a large re-curing income business just by copying present owners' formula.
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:
Type of Location: Free-Standing
Facilities: Free-Standing building with lot large enough for 70 cars
Monthly Rent: $10,000
Square Units: 4,000 sq ft
Lease Expiration Date: May 31, 2025
Market Competition and Expansion:
Competitive Overview: No other used car lot has duplicated this form of car sales
Potential Growth: This business can be built up to be a large recurring revenue business just by copying present owner's formula.
Reason for Selling:
RetirementAdditional 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:
- View more Florida businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
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