Retail - Automotive Dealers

Asking Price	$280,000	Inventory	$600,000**
Gross Income	$1,861,600	Real Estate
Cash Flow	$144,900	Year Established	N/A
FF&E	$30,000*	Employees	N/A

* included in the asking price

** not included in the asking price

This pre-owned auto sales business is ideal for the entrepreneur who wants to own their own business, have a good income, and still have time for a life outside of work. The owner currently works only 2 hours per day, and averages 12 weeks of vacation a year! Even with the business being open only Monday-Friday 8:30-5:30, Seller s Discretionary Earnings (SDE) have averaged $188,000 a year over the past four years. In addition to the benefits of having a long history, the Company has everything a successful business needs: an excellent high traffic location, a wonderful community reputation, loyal employees, years left on the lease and a renewal option, and a steady customer base. Growth opportunities include: opening Saturday and Sunday, or starting up the rental car business, a company that is included in the sale, but not yet operational. As an added bonus, the sale includes the company s web site. Asking price is $280,000 plus car inventory, which averages about $600,000. Seller will consider and offer that excludes the inventory. In addition the Seller will finance $140,000 at 8% over 36 months for a qualified buyer. The current owner floor plans some of this with Mannheim, the giant auto auctioneer and the company s major supplier. The owner expects that a buyer with good credit could be able to floor plan a significant percentage of the inventory which will significantly increase the buyer s return on investment. For more information please contact Tom Caltrider at 808-573-4752. VR is the #1 business broker in Hawaii. To see all our listings, many of which are not on third party websites, visit www.vrhi.com.

Financing: Seller will finance $140,000 at 8% for 36 months.

Reason Selling: Rretirement. Son was to buy, but decided on another career path.