Large Used Car Dealer Group, FL

FL

Fast In- House Financing Late Model Cars
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Asking Price: $27,000,000

Cash Flow: N/A

Gross Revenue: $25,000,000

EBITDA: $3,000,000

FF&E: $500,000

Inventory: $5,000,000

Established: 2005

Large Used Car Dealer Group, FL

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Business Description

Multipule Locations

Specializing in selling and financing in house upscale inventory. In business 14 years with great locations and talented personnel. Very Large account receivable portfolio, approximately 28 mil, with excellent delinquency numbers and static pool histories. Monthly receivable is 1.2 mil plus. Business is very profitable, and would do considerably better with new ownership resources.

Detailed Information

Inventory:
Included in asking price
Employees:
40
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
All properties with very good lease terms. All necessary equipment and furnishings in place, 500k +/- and included in purchase. 5.5 mil +/- inventory included. 28 mil +/- accounts receivable included.
Competition:
Great large functional locations in all the right spots
Growth & Expansion:
new ownership group could add this to their existing dealership or could easily be a new start up, and be profitable from day one.
Support & Training:
Very negotiable
Reason for Selling:
Retirement
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Business Listed By:
Rob Arnett

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