Established Used Auto Sales Business with Repair Shop

Tarrant County, TX

Established Used Auto Sales Business with Repair Shop

Asking Price:$450,000

Cash Flow:$78,687

Gross Revenue:$340,601

EBITDA:N/A

FF&E:N/A

Inventory:N/A

Real Estate:$325,000

Established:2014

Established Used Auto Sales Business with Repair Shop

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Business Description

This is a well established, turn key retail - buy here/pay here used car lot opportunity. The current owner does zero advertising. This is a very busy area and is excellent for this type of business. Included in the price is land, 1000 sq ft office building, a 700 SF small repair shop, office furniture, all software. They have current loans over $100,000 not included in the sale but are available to purchase. Owner purchases most of his inventory locally. Process and sources of inventory will be included in the training. Previous experience in the automobile business would be beneficial but is not required to be able to operate this lot. It is truly a turnkey purchase. Owner is willing to train for 1 month. This is a recession proof business. Growth can be as much as new owner wants. Strong profit margins, especially when in house finance is involved. They do have a finance license.

Detailed Information

Real Estate:
Owned
Included in asking price
Building SF:
N/A
Employees:
3 FT / 1 PT
Facilities:
1000 SF Office Bldg and 700 SF Repair Shop on a1.7 Acre Property. Reception area and nice sales office as well as owner office. Small Repair shop is located behind the main facility. Lot can hold 100+ autos. Real Estate value is over $300,000.
Support & Training:
Will train for 2 weeks @ no cost. Requires Used Car Sales license. Optional license requirement for financing loans.
Reason for Selling:
Owner wants to return to a previous business.

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Murphy Business

Business Listed By:
Murphy Business

Murphy Business & Financial Corporation

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Indicates membership in the M&A Source. The M&A Source is comprised of highly trained Intermediaries who advise on the preparation, sale and/or purchase of middle market (~$2M+ in revenue) business opportunities. Indicates membership in The Georgia Association of Business Brokers (GABB).

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