Established car dealership turn key

Lake County, OH

Established car dealership turn key
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Asking Price: $140,000

Cash Flow: N/A

Gross Revenue: $1,000,000

EBITDA: N/A

FF&E: $100,000

Inventory: $180,000*

Rent: $6,000 /Month

Established: 2005

*not included in asking price.

Established car dealership turn key

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Business Description

Independent car dealership on high traffic eastern suburb. Niche market towards sub prime lending with all financial banks in place, very awarding gross income per vehicle sold. This business has potential and has been established for 14 years. Turn-key for buyer.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
14,000
Lease Expiration:
N/A
Employees:
3
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Full service garage with 2 lifts and equipment, waiting room with tv.
Competition:
Sub-prime market with handful of financial institutions in place, as well as credit unions. No buy here pay here. All banks are non recourse.
Growth & Expansion:
This business has huge potential pros: high gross per vehicle, very awarding Cons: time consuming
Support & Training:
Will provide new buyer with full support for 30 days.
Reason for Selling:
Have new venture opportunity
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Business Listed By:
Not Disclosed

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