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

Los Angeles, CA (Los Angeles County)

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

Asking Price: Get Financing: N/A

Cash Flow: $475,000

Gross Revenue: $9,000,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Established: 2012

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

Get Financing Save Print Share Valuation Report

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

Employees:
6 +1 wo
Facilities:
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.
Competition:
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
Contact Seller

Contact the Seller

Contact Seller Loading

Brenda Bernhard, CBB

Business Listed By:
Brenda Bernhard,CBB

Strong Business Advisors

Show Phone Number

View My Listings

Listing Statistics

Saved This Listing:
Unlock
Days Active On Site:
Unlock
Appeared in Search:
Unlock
Listing Detail Views:
Unlock


Ad#:1501193 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's Terms of Use before responding to any ad.


Similar Listings


AAMCO Transmissions

Franchise Opportunity
Capital Required: $65,000