Services - Finance, Banking, Loans & Leasing

Asking Price	$1,000,000	Inventory
Gross Income	$2,500,000	Real Estate
Cash Flow	$600,000	Year Established	1995
FF&E	N/A	Employees	7

* included in the asking price

** not included in the asking price

This is a profitable used car financing company with over 10 years of profitable operation. Company seeks up to $5 million in growth investment capital ($500k per month for 10 months). Will pay 14% interest and collateralize investment with company and car titles. Company also seeks a 50-50 Equity partner for $200k down and seller carry $800k which Investor can pay out of guaranteed cash flow. Remaining 50% also available for sale at same price ($1 Million) within short period to investor once Investor realizes return. Company has APR of 51% on its money invested and returns EBITDA of 25%.

Facilities: Business strip center. $1,000/mo rent.

Competition: This financing model has worked for over 10 years for this seller. Dealerships agree to exclusive financing relationship and must meet financing company parameters.

Growth/Expansion: Two dealerships currently have an appetite for 60 car loans per month each, at $7-10k average per loan over 36 months requiring up to $500,000 per month in loan capability.

Financing: 80% Financing

Support/Training: Seller will continue to manage, oversee the business and train the buyer in all aspects of the business, operation, personnel, process and financial model etc.

Reason Selling: Capital Expansion needs