MergerPlace

Profitable Pre-owned Car Dealership

Florida


  • Asking Price: $179,500
  • Gross Income: $806,185
  • Cash Flow: $61,974
  • Real Estate: Not Disclosed
  • Inventory: $56,000
  • FF&E: $1,000
  • Listing ID: #209319
  • Established: 2011
  • Employees: 2 FT

Business Description

This is a buy-here-pay-here pre-owned car lot that has established itself as a one-stop-shop for buyers who want an excellent pre-owned vehicle. They specialize in finding the best vehicles at the best prices. They have an interactive website with a personalized car finder form. They always get in touch with the website surfers and find the perfect match to fit their needs! Selling cars is the main source of revenue but financing sales is an additional source. Both activities can be expanded.


Business Details

Primary Business Category: Services - Other Services
Location: Florida

Company Information

Year Established: 2011
Home Based: No
Franchise: No
Relocatable: Yes
Number of Employees: 2 FT

Financial Information

Asking Price: $179,500
Gross Revenue: $806,185
Cash Flow: $61,974
FF&E: $1,000
Inventory: $56,000
Seller Financing Available: No

Property Information

Facilities:

The pre-owned car dealership is located in a commercial building. The management and sales have an air-conditioned office, there's a covered detailing area with couches where the buyers take delivery of their vehicles and the inventory sits on a outside lot.

Growth & expansion opportunities:

A buyer with the desire to succeed, well-capitalized and savvy in marketing techniques can take this already profitable business to the next level.

Competition:

There are many pre-owned dealerships in Broward county, some bigger and others smaller. This one is in the sweet spot of having the right size of inventory and the right profit -- easy to be managed, it offers the owner a healthy and balanced lifestyle.

Reason for selling:

Returning to home country.

Support & Training:

Will train for 3 weeks @ no cost Auction, occupational and finance licensing can be transferred to the buyer. The seller will train for three weeks how to buy car at auctions, how to prep them and then sell them for a profit.

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Business Listed By:

Anton Joro

Murphy Business Brokers