Seller's Contact Information
- RE: Used Car Dealership - Multiple Revenue Streams
- Contact: Pat Steffl
Quick Facts
Asking Price: | $0 | |
Annual Revenue: | $6,470,048 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $1,461,865 | |
Total Debt: | Not Disclosed | |
FF&E: | 100,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2000 | |
Employees: | 14 | |
BBN Listing #: | 36414955 | |
Broker Reference #: | 5101-17593 |
Business Overview:
Well established, multiple revenue stream, used car dealership specializing in credit challenged customers. The business currently has around $10 million of outstanding Accounts Receivable. These receivables do not have to be purchased but are available for sale if a buyer is interested in acquiring them. The accounts receivable can be purchased without the business as well. The owner has flexibility regarding the structure of the sale and what is included.
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Property Features and Assets:
The business operates from a modern building with a shop and offices and a generous lot for inventory. Assets = $712,270
Market Competition and Expansion:
Limited competition in the region offering the same products and services. Business has grown annually and 2022 was the highest revenue year ever. Expansion of the service area. Access to inventory is important to the business success and growth.
Reason for Selling:
Retirement.
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
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