| Asking Price |
$800,000 | Inventory |
floored (not included in** |
|---|---|---|---|
| Gross Income |
$1,000,000 | Real Estate |
|
| Cash Flow |
$400,000 | Year Established | 1988 |
| FF&E |
$10,000* | Employees | 1 ft |
* included in the asking price
** not included in the asking price
Bus sells 18 to 24 cars per month. 90% are buy-here, pay-here. $250K comes in in interest a year, plus $250K a Year from car sales. They have full time mechanic that generates additions income on the cars sold.
Facilities: Approx 1/2 acre, 15 to 18 cars plus repair and office area. $2500/mo
Competition: One of the best known "buy here, pay here" in Phx and one of the only one's in North Valley.
Financing: at $1,000,000, $350K down, carry $650K, 9%, 10 yrs, $8233/mo
Support/Training: 2 weeks
Reason Selling: retirement

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