Used Car Dealership

Merritt Island, FL (Brevard County)

Seller Financing Available
Used Car Dealership

Asking Price:$650,000

Cash Flow:$115,501

Gross Revenue:$588,237

EBITDA:N/A

FF&E:$122,347

Inventory:$90,000

Established:1988

Used Car Dealership

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Business Description

Very well established Used Car Dealership (28 Years in business).
Included in the asking price is an Inventory in the amount of $ 90000,
3 Vehicles $ 82,347, Accounts receivables $ 327,000.
Equipment and Furniture $ 40,000 located in 2 repair shops and 2 offices
Total Assets $ 539,347.

Detailed Information

Inventory:
Included in asking price
Employees:
3 FT, 2 PT,
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Dealership is situated in 2 repair shops and has 2 offices, total 6000 square feet. Rent $ 6500 long term lease. Seller owns all the property. Three pieces of property are available as well for $650,000. Seller is willing to hold the note with $ 195,000 down.
Competition:
No direct competition near by.
Growth & Expansion:
Room to grow and expand.
Financing:
With $ 180,000 down payment Seller will hold the note.
Support & Training:
Seller will train for 4 weeks at no cost.
Reason for Selling:
Retirement

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Suzanne J. Violet

Business Listed By:
Suzanne J. Violet

S.Violet International Business Brokers

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