Used Car Lot for Sale

Not Disclosed, MD
Baltimore County


Asking Price: Annual Revenue:
$70,000 $2,400,000

Automotive & Boats: Dealerships - Auto, Truck, Motorcycle


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RE: Used Car Lot for Sale Broker: David Peter

Quick Facts

Asking Price: $70,000
Annual Revenue: $2,400,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 88932144
Broker Reference #: Not Disclosed

Email or Print Listing

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Business Overview:

Current ownership since 2012, this well established used car dealership is located on a very busy highway in Baltimore County. Motivated seller!

This used car lot sells an average of 20 cars per month with roughly $2,500 profit from each sale. Gross profit per month averages $50,000. After rent, payroll, utilities, advertisements, and other expenditures, the net profit is about 10% or $5,000 per month.

The rent for this large lot is only $4,000 per month, and it has the capacity to hold about 65 cars. It currently has one lift on premises.

Hours of Operation: Monday - Saturday 9 to 7
Average Monthly Payroll: $10,000 all commission
Number of Employees: 1 sales, 1 mechanic, and 1 detailer.

Equipment List:
1 Lift
1 Engine Jack
1 Compressor
2 Table and Chairs
3 Filing Cabinets

There is an average of about 30 to 45 cars on the lot in any given month, and the wholesale value of each car can be anywhere between $14,000 to $20,000.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

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.

Documents:

Relevant Links:

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