Subprime auto finance company for sale in West Palm Beach

West Palm Beach, FL (Palm Beach County)

Subprime auto finance company for sale in West Palm Beach

Asking Price:$7,100,000

Cash Flow:$1,272,708

Gross Revenue:$2,190,642

EBITDA:N/A

FF&E:N/A

Inventory:N/A

Established:1981

Subprime auto finance company for sale in West Palm Beach

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Business Description

Great return on invested capital!

Established more than three decades, this subprime auto financing company provides alternative financing to automotive dealers who have car buyers with bad or no credit because of job loss; unpaid bills; an accident; unexpected medical expenses; divorce or bankruptcy.

Business serves dealerships and its car buyers in South and Mid-Florida.

Service-oriented mentality keeps customers and dealerships loyal and relationships in place. The recipe is here for continued success and expansion!

Includes book of interest-bearing customer business totaling approximately $7,000,000.

This subprime auto financing business for sale is presented by Sunbelt Business Brokers of South Florida, a division of SUNBELT, the largest organization of business brokers and M&A professionals in the world. With a local presence and global marketing reach, Sunbelt Business Brokers of South Florida has provided main-street and lower middle market business owners and buyers with unsurpassed deal expertise for nearly 20 years. For more information on this business for sale contact Ryan Cave at rcave@sunbeltnetwork.com or 561-832-9222.

Detailed Information

Employees:
6
Support & Training:
Seller will stay up to 6 months to ensure a smooth transition at ta rate to be determined prior to closing.
Reason for Selling:
Retirement

Listing Statistics for Premium Members

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Ryan Cave

Business Listed By:
Ryan Cave

Sunbelt Business Brokers of South Florida

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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. Certified Business Intermediary (CBI) is a professional certification awarded to Business Brokers and Intermediaries that have achieved stringent requirements. CBI's work by an ethical code of conduct when working with business owners and buyers.

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