Profitable Used Car Dealership

Broward County, FL (Relocatable)

Be Your Own Boss Selling Cars
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Asking Price: $250,000

Cash Flow: N/A

Gross Revenue: $1,019,111

EBITDA: $231,559

FF&E: $14,020

Inventory: $99,000

Rent: $2,116 /Month

Established: 2009

Profitable Used Car Dealership

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Business Description

Be Your Own Boss Selling Used Cars to Cash Buyers

Used cars are selling fast!!! Excellent opportunity for you to buy a used car auto dealership with nine years of operation. The company specializes in purchasing and selling used vehicles from insurance companies and auctions. This is a cash business; many buyers pay all cash or portion in cash to buy used cars. The dealership has two transferable lines of credit. Warehouse capacity for 10 cars outside and 4 inside. There are three offices and reception area. Upstairs floor serves as storage area for auto parts. The rent is unbeatable at $2116 per month, including taxes and water. Owner also subleases a space to reduce rent expense. Business can also function as a general auto repair shop. Should qualify for an E2 Visa.

Attached Documents


Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,700
Lease Expiration:
6/30/2020
Employees:
3
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
10,000 pounds car lift 80 Gallon Air Compressor 25 Car Parking Great Location Close to I-95 and Florida Turnpike. High Traffic Area.
Competition:
Due to the economy and declining consumer credit scores many auto buyers seek to buy used vehicles instead of buying new cars, which has become a positive factor for this business.
Growth & Expansion:
Used cars are selling. High tariffs for new cars means used car dealers profit. We have sold 1000's cars.
Support & Training:
Owner will provide three weeks of training free of charge.
Reason for Selling:
Family Reasons | Other Business Interests
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Business Listed By:
Alex Gallego

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