Longstanding and respected Auto Dealership with pay here finance

Jacksonville, FL (Duval County)

Price includes discounted finance recievables
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Asking Price: Get Financing: $14,000,000

Cash Flow: $1,169,000

Gross Revenue: $17,470,000

EBITDA: $1,169,000

FF&E: $120,000

Inventory: $1,500,000

Real Estate: $4,800,000

Established: 1969

Longstanding and respected Auto Dealership with pay here finance

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Business Description

Fully staffed for New and Used car sales, repair and in house finance.
150 used autos and trucks in inventory. Fully loaded Well-equipped repair and maintenance facility on site. Buy here and Pay here makes money on sales and on finance.

Detailed Information

Included in asking price
Real Estate:
Included in asking price
Building SF:
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Showroom, offices and garage facility plus Lot holds over 150 vehicles.
The market dominant share belongs to Beach Blvd Automotive. This business is very hard to compete with because of longevity, location and presence in the marketplace.
Growth & Expansion:
By more aggressive marketing in print, electric and/or social media this business can be increased even further. The current marketing is minimal due to the excellent word of mouth business.
$3,900,000 in discounted Finance Receivables is also included in the price.
Support & Training:
Owner will train for an extended transition period
Reason for Selling:
retirement after 48 years in business.
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Wes Greer

Business Listed By:
Wes Greer

Sunbelt Business Brokers of Florida

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Sponsoring Broker:
Lee Panitz

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