Used Car Sales With 6 Bay Garage On 1.31 Acres
Location Texas,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $1240788
Net Profit / Cash Flow $312154
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1994
Number of Employees 4 - 5
Inventory 111000
Relocatable No
Number of Employees 4 - 5
Real Estate Owned
Reason for Sale Seller owns another business - wants to devote more time to it.
Description Excellent opportunity to own one of this area's long established used car businesses for sale with a solid reputation for quality, exceptional service, and customer satisfaction. This is a seasoned 15 year old business that has been in the same location with excellent visibility. The business specializes in selling retail used cars and small trucks to repeat customers for cash or in-house financing. Approx. 75% of sales are to repeat customers with their target market being local working people. The lot will hold up to 100 cars with ample room to expand. The main building has offices, reception, and kitchen area and is located in front of their separate 6 bay ''make ready'' garage (with 4 lifts). All systems are in place and running well for this turn-key business, including the Computerized Automotive Record Systems (CARS) software for in-house financing. Also, available for sale are the accounts receivable (in-house car notes) at a 20% discount. Please refer to CBB Listing #7066RG
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