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Very profitable used car and light truck dealer

Prince William County, VA

Seller Financing Available
Very profitable used car and light truck dealer

Asking Price:$250,000

Cash Flow:$250,000

Gross Revenue:$3,000,000

EBITDA:$300,000

FF&E:$75,000

Inventory:N/A

Lease Rate:N/A /SF

Established:1992

Very profitable used car and light truck dealer

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Business Description

Fantastic Highly Profitable Use Car and Light Truck Dealership

Highly profitable automotive and light truck dealership with 40-50 vehicle capacity, This used vehicle dealer has evolved into a unique business model which currently targets their geographical market demographics making light truck sales 70% of total gross income. They have accomplished to net of over $4,600 per vehicle year after year with average gross sales are $3.0 million and SDE of $300k. Long term lease is available.
Seller has over $1.0 million in floor plans and $500k line of credit with Manheim. Excellent web site with internet sales and CVR to accommodate the customers quickly. Buyer can pick and choose current inventory. Seller will train and is willing to work with new owner during transition period.
A “stock” purchase would be ideal for this transaction due to the floor plan and lines of credit which have been established through the years.

Attached Documents


Detailed Information

Real Estate:
Leased
Building SF:
6,500
Lease Expiration:
N/A
Employees:
3
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
2500sf fully equipped shop, 2500sf beautiful showroom and sales offices.Upstair offices available also, about 1,500sf.
Competition:
Plenty of competition around. However seller's business model has made this dealer very profitable.
Growth & Expansion:
Opportunity to not only increase the dealer sales, but also to start another income stream and offer automotive and light truck repair and related services.
Financing:
Some financing available
Support & Training:
Seller will train buyer to operate the business as per seller's business model
Reason for Selling:
Other investment interest
Business Website:
http://washmbb.com

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Jorge E. Portalea

Business Listed By:
Jorge E. Portalea

Washington Metropolitan Business Brokers

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