Profitable Used Car Dealership $350K + Credit Line

Clark County, NV

Profitable Used Car Dealership $350K + Credit Line
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Asking Price: $350,000

Cash Flow: $180,000

Gross Revenue: $2,211,960

EBITDA: N/A

FF&E: $17,000

Inventory: $216,469

Rent: $4,132 /Month

Established: 2013

Profitable Used Car Dealership $350K + Credit Line

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Business Description

Buuyy Auto Dealership, Profit, Effective Marketing!

Price of $350K includes inventory at the time of sale, currently the price includes the cash inventory of approx. $178K. The credit line (credit inventory) at this time is approx. $165K and consignment inventory is $38K. Possible seller financing with large down payment. Profitable dealership with rental cars bringing over $60K of the profit, holds 80 cars, nice office and repair shop. Buyer will pay the listing price plus the credit line at the time of purchase. Seller will abide by a non-compete, but wishes to work as a salesman. Seller is entertaining all offers !!!! This well established used car dealership is located in central Las Vegas. Seller is interested in a buyer with used car sales experience. New changes have recently been made to minimize commissions and expenses, increasing the bottom line.
At this time credit line floor plan is $164,916, consignment is $38,567, and cash inventory is $177,902.
Lots of room for growth! Few opportunities like this come on the market today, take advantage and call today!

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,200
Lease Expiration:
N/A
Employees:
2
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Successful for 5 years with increasing responsibility. Free standing office and repair facility with car lot.
Competition:
Open for new marketing and direction of owner.
Growth & Expansion:
Excellent location and opportunity in the Las Vegas area.
Support & Training:
2 weeks
Reason for Selling:
other interests
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Contact the Seller

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Carolyn Johnson, MBA, MS, CHMM

Business Listed By:
Carolyn Johnson

Transworld Business Advisors

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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.

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