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Pre-Owned Auto Dealership – Great Cash Flow

Philadelphia County, PA

Seller Financing Available
Pre-Owned Auto Dealership
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Asking Price: $160,000

Cash Flow: $158,597

Gross Revenue: $5,775,549

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $3,500 /Month

Established: 2013

Pre-Owned Auto Dealership – Great Cash Flow

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Business Description

Established pre-owned auto dealership in Philadelphia, PA. This business opened in 2013 and has increased sales every year currently selling over 400 cars per year. The business is located on a high-traffic, slow speed zone road averaging 12,000 vehicles/day. The owner is willing to finance up to 50% of the asking price, terms are negotiable. This is a great opportunity for an individual looking to enter the pre-owned auto sales market with a turn-key operation. In addition, sales could be easily increased by adopting a “buy here, pay here” program. The owner is willing to stay on for a transition period and the time frame is negotiable. The business can be sold with or without the inventory, not included in the asking price.

The business operates from a 10,750 sf lot which includes an approximately 12ft x 50ft trailer office. The lot holds approximately 45 to 50 cars. The real estate is currently owned by the business owner. The owner wishes to lease the lot as well as the building on-site for $3,500/month triple net.

The owner is looking to retire but will stay to provide a smooth transition for a negotiated time frame.

600 SF Building, 10,750 SF Lot
3,500/mo - triple net

Detailed Information

Location:
Philadelphia County, PA
Real Estate:
Leased
Building SF:
600
Lease Expiration:
N/A
Employees:
4
Facilities:
The business operates from a 10,750 sf lot which includes an approximately 12ft x 50ft trailer office. The lot holds approximately 45 to 50 cars. The real estate is currently owned by the business owner. The owner wishes to lease the lot as well as the building on-site for $3,500/month triple net.
Competition:
The used vehicle market continues to be vigorous with an excess of 39 million vehicles sold in the U.S. in 2018. Continued low interest rates, low unemployment and a strong economy will continue to fuel the industry.
Growth & Expansion:
Sales could be easily increased by adopting a “buy here, pay here” program. This business sells pre-owned vehicles and requires multiple licenses to successfully operate including a Motor Vehicle Sales License, Dealer License, Insurance and Pennsylvania DOT tag agency credentials.
Financing:
Seller is willing to finance up to 50% of the selling price, terms are negotiable
Support & Training:
Seller will stay to provide a smooth transition for a negotiated timeframe.
Reason for Selling:
Retirement
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Contact the Seller

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Jamie Burdette

Business Listed By:
Jamie Burdette

BBDC

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business.


Sponsoring Broker:
Toby Barker

Listing Statistics

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Demographic Information

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