Used Car Lot- $9M+ in gross sales!!

Los Angeles, CA (Los Angeles County)

Used Car Lot- $9M+ in gross sales!!
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Asking Price: Get Financing: N/A

Cash Flow: $475,000

Gross Revenue: $9,000,000



Inventory: N/A

Established: 2012

Used Car Lot- $9M+ in gross sales!!

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Business Description

Turn-key operation. Profitable used car lot in the San Fernando Valley. 2017 gross sales were at the $9M+/ mark with adjusted net earnings of over $475K+/ which Seller will verify. Excellent location on a busy street near the freeway.
1st time on the market. 40-60 car sales average per month. The location lot is about 51K+/ sq. ft has parking for 75+/ vehicles. Nice office and waiting area for customers.
Long term lease possible. There are 3 sub-tenants at the location that offer auto repair and maintenence. Real estate is not available for sale at this time.
6 Well trained employees and 1 working owner run the operation.
Excellent books and records and fantastic proprietary software which details all aspects of the daily operation.
Partnership opportunity.

Detailed Information

6 +1 wo
Large 51K+/ sq. ft. lot with nice office and admin. space. Great location on a very busy well-known street in the SFV. There are three sub-tenants that offer repair and maintenence. The real estae is not avaible for sale at this time. long term lease is possible.
Used car sales is a competitive business. This business is strong with no signs of slowing down.
Growth & Expansion:
Several possible ways to grow and expand.
Support & Training:
Plenty of training will be available.
Reason for Selling:
Other interests
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Contact the Seller

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Brenda Bernhard, CBB

Business Listed By:
Brenda Bernhard,CBB

Strong Business Advisors

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