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Businesses For Sale   >>   Auto Dealers Businesses For Sale

Extremely Profitable Used Car Dealership

Location  Texas,United States
Asking Price Range  $2.5M - $5.0M
Gross Revenues  $3850000
Net Profit / Cash Flow  $3600000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  No
Year Established  1990
Number of Employees  4 - 5
Relocatable  No
Number of Employees  4 - 5
Real Estate  Owned

Description  
Extremely profitable used car dealer that follows a precise formula based on years of success at the present location, including an AR of $2.6M at 22%, gross revenues in excess of $3.6M, significant cash on the books, and late model premium brand autos at higher mileages. Gross margins approach 50%. Real estate is included and the site is neat, tidy and shows extremely well. The ideal buyer is a seasoned auto veteran willing to adapt to the well-honed process of managing the receivables.


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