Turn Key, Profitable, Long Standing Used Vehicle Business

  • Listing# : 13613
  • Listed Price : $1,999,999
  • Total Sales : $22,385,510
  • SIC : 5521
  • Down Payment : $399,999
  • Status : Active
  • Discretionary Earnings : $1,342,654

Business Type :

Automotive / Auto Used Cars

Business Description :

Turn Key, Extremely Profitable, Long Standing Used Vehicle Dealership For Sale! This 18 year old successful business generated over $22 million in sales revenue in 2016 and over $1.3 million in bottom line cash flow. The dealership is located on a high traffic boulevard with excellent accessibility, visibility and plenty of convenient customer parking. This is a turn key operation for a motivated buyer: a loyal, stable and professional automotive team is already in place, the owner has between 150-200 vehicles in stock (inventory not included in asking price, but available at cost), a proven location for selling used vehicles and a long standing record of excellent profitability. Bank Financing available to qualified buyers ... the business has been pre-qualified for acquisition price and working capital -- inquire for term sheet details!!     

Assets/Liabilities:

    • Accounts Receivable $446,429
    • Incl : No
    • Real Estate $0
    • Incl :
    • Inventory $868,993
    • Incl : No
    • Liabilities $947,872
    • Incl : No
    • FF&E $100,000
    • Incl : Yes
    • Other: $3,500
    • Incl : No
    • Leasehold $0
    • Incl :
    • Total Assets $100,000
    • Incl : Yes

Lender Prequalified: Yes

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Automotive