$350K for Used Car Dealership - 9 Years Running

Broward County, FL (Relocatable)

Be Your Own Boss Selling Cars
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Asking Price: Get Financing: $350,000

Cash Flow: N/A

Gross Revenue: $1,019,111

EBITDA: $231,559

FF&E: $14,020

Inventory: $98,000

Lease Rate: $2,116 /Month

Established: 2009

$350K for Used Car Dealership - 9 Years Running

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Business Description

Be Your Own Boss Selling Used Cars to Cash Buyers

Used cars are selling fast!!! Excellent opportunity for you to buy a used car auto dealership with nine years of operation. The company specializes in purchasing and selling used vehicles from insurance companies and auctions. Fist half of 2018 revenue about $510,000. This is a cash business; many buyers pay with all or portion in cash for used cars. The dealership has two transferable lines of credit. Warehouse capacity for 10 cars inside, three offices and reception area. Upstairs floor serves as storage for auto parts. The rent is unbeatable at $2116 per month, including taxes and water. Can also function as a general auto repair shop. Current authorized sublease offsets rent payments. Should qualify for an E2 Visa.

Attached Documents


Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,700
Lease Expiration:
6/30/2020
Employees:
5
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
10,000 pounds car lift 80 Gallon Air Compressor 25 Car Parking Great Location Close to I-95 and Florida Turnpike. High Traffic Area.
Competition:
Due to the economy and declining consumer credit scores many auto buyers seek to buy used vehicles instead of buying new cars, which has become a positive factor for this business.
Growth & Expansion:
Used cars are selling. We have sold 1000's cars. First quarter of 2018 is off to a great start.
Support & Training:
Owner will provide three weeks of training free of charge.
Reason for Selling:
Family Reasons
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Business Listed By:
Alex Gallego

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