Retail - Automotive Dealers | Services - Finance, Banking, Loans & Leasing

$Seller Financing Available

Asking Price	$350,000	Inventory	$125,000*
Gross Income	$1,000,000	Real Estate
Cash Flow	$100,000	Year Established	2004
FF&E	$6000*	Employees	2ft

* included in the asking price

** not included in the asking price

Cars are normally owned by the business, occasionally consigned cars are accepted for sale. Rentals are also available; daily, weekly, monthly, or longer. Financing is offered by the business on selected vehicles and individuals. The covered work area is to perform cleaning and very light repairs as needed. This business fills the niche between the expensive manufacturer dealers and the private party market. Seller will consider taking on a partner for half of the business.

Facilities: Car lot that holds approximately 50 vehicles with covered work and sales area. Enclosed office with full bathroom facility. Entire area is fenced and gated. The current lease term runs through February 2010. There is a 5 year option to extend to the year 2015. The facility is in a bustling industrial area, close to the major car dealers in the area known as where to buy a vehicle.

Competition: The island of Hawaii has been growing in population, with much more room to grow, especially in the are where this business is located. There is an ample supply of undeveloped land and the job market is robust

Growth/Expansion: The rental portion of the business could be expanded; as well as the financing side of the business. There is a need to fill this niche.

Seller Financing Available: Yes

Financing: $50,000 possible seller financing to qualified buyer with adequate collateral

Support/Training: Seller will train as needed.

Reason Selling: Parent health care and single owner would rather have a partner