Profitable, well located, used car lot

Loganville, GA (Walton County)

Profitable, well located, used car lot
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Asking Price: $899,900

Cash Flow: $179,000

Gross Revenue: $3,800,000

EBITDA: $254,000

FF&E: $25,000

Inventory: $5,000,000*

Real Estate: $700,000

Established: N/A

*not included in asking price.

Profitable, well located, used car lot

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Business Description

Operational used car lot for sale. 1.72 acre lot, 2 buildings, 2 sheds and the business are all included.Operating and successful used car lot on corner location. Real estate for sale and includes the business. Years of goodwill built up. Very good visibility from Hwy 78, just 100' from the stoplighted intersection of Hwy 78 and Brand Road. Oversized brick monument sign with digital board. Next to a busy car wash and directly across from the Racetrac gas station and Panera Bread. Hobby Lobby, Lowes, T.J. Maxx, Dick's Sporting Goods, PetSmart and Suntrust Bank are all within 400 feet. A relatively large lot at 1.72 acres, it can sold up to 200 cars. Large building with multiple offices and garage for repair work. Extra building for storage and misc. with 2 car carport for repair work. Fully level and usable. Approximately 1/3 of the lot is paved and is in excellent condition, the rest of the lot is grass. Please, no showings allowed during business hours. Do not speak to any employees. Discretion is absolutely key. Please make sure your clients and assistants know this. Please call Listing Broker for showing instructions. 3% commission to outside brokers. For financial details, please return the attached Confidentiality Agreement to the Listing Broker at alan@drpbrokers.com

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
4,000
Employees:
1
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Competition:
Pros: Massive lot size allows for up to 200 cars and trucks. Massive sign with digital screen announces your presence. Repair cars and sell them on site. There is an extra house on the property that can possibly be used as living quarters for employees or possibly rented as a commercial/business rental, like auto detailing or car insurance broker or an auto broker.
Financing:
Car inventory not included, but can be purchased at a very fair price
Reason for Selling:
Retiring
Business Website:
http://www.davidrealtypartners.com
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(from currently available funds)
 
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Alan Callioni

Business Listed By:
Alan Callioni

David Realty Partners

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