Used Car Dealership, with $100K Vehicles Included

Pearland, TX
Brazoria County

Asking Price: Annual Revenue:
$179,000 $2,344,000

Automotive & Boats: Dealerships - Auto, Truck, Motorcycle

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RE: Used Car Dealership, with $100K Vehicles Included Broker: Jeffrey Jones

Quick Facts

Asking Price: $179,000
Annual Revenue: $2,344,000
Net Profit: Not Disclosed
Cash Flow: $438,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2016
Employees: 3
BBN Listing #: 397131127
Broker Reference #: 4301-82382

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Business Overview:

This is a successful used car dealership with a OCC-finance license, state dealer license, and connections to all the auto auctions in the Houston area.  The business is located on one acre of land with a small sales office fronting on a major highway with great visibility and access. 
They have the only remaining occupancy permit for a used car dealership in the zoned City of Pearland.  They are selling approximately 17 cars per month with an average cost of $7,500 and average selling price of $11,500.  They buy cars at various auto auctions in the Houston area. 

The company has several lenders they use for floor planning and to get customers financed.  The company does some seller financing, but then sells the notes to finance companies and investors. 

Starting in 2016 with their own limited equity the company has managed to do very well.  A more well funded owner can reduce the interest expense of floor planning and do more seller financing with high interest notes.  The real estate is available for sale at $650,000 or the landlord will give a long term lease.  

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Property Features and Assets:

440 sq. ft. office, located on 1 acre

Reason for Selling:

New Business Opportunity.

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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