Used Car Lot - 2073 Business Type: automotive dealers/ auto retail,misc. retail/non-classifiable,other business services
Acted as the Advisor to the Deal
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Financial Information (non-confidential)
| General Information | |||
|---|---|---|---|
| Asking Price | $225,000 | Down Payment | $200,000 |
| Gross Revenues | $2,095,794 | Lease Remaining | Register Free to View |
| Owner’s Cash Flow | $76,221 | Number of FT Employees | Register Free to View |
Financing
$200,000 Down and 25,000
Business Description
Well established Used Car lot on Major road. Original owner with excellent reputation in the marketplace. Owner will continue to supply cars through wholesaling operation at fair pricing if new owner so desires. No aftersell being done now. Very little subprime being done at this time. Small buy here, pay here customer base. Excellent connections to community well established by owner and can be continued. Owner willing to work with new owner for smooth transition and working deals together. Presently has excellent General Manager in place and one full time sales person. Detailing is sublet out. Master tech on staff for repairs. 2 front offices, 1 back office and 2 bays as well as road frontage parking. New lighting has been installed on premises. Business has never had an theft of cars or damage to cars. An outstanding opportunity for a car person to go on their and secure their own future.
Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.
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