Successful Used Car Dealership Garage - 6977 Business Type: auto repair,automotive dealers/ auto retail,repair services
Acted as the Advisor to the Deal
Financial Information (non-confidential)
| General Information | |||
|---|---|---|---|
| Asking Price | $150,000 | Down Payment | $150,000 |
| Gross Revenues | $800,000 | Lease Remaining | Register Free to View |
| Owner’s Cash Flow | $290,280 | Number of FT Employees | Register Free to View |
Financing
$150,000 Down
Business Description
Priced to sell! Successful used car dealership and garage. Prime location on highway in densely populated area. Sells approx 200 cars per year (average buying price is $3000-3500; average sales price is $4500-5500). Has 40 cars in inventory at any given time. Owner is currently only full time employee. He has one part time salesman on commission. Garage has two bays but can fit up to 6 cars at a time. Owner currently does not use the garage much (only as a service) and some detailing. It has great money making potential if you hire a mechanic or detailer. Has 80 parking spaces. Owner started this business 10 years ago.
Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.
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