Used Car Lot
Location Michigan,United States
Asking Price Range < $250K
Gross Revenues $921355
Net Profit / Cash Flow $0
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 2007
Number of Employees 1 - 3
Relocatable No
Number of Employees 1 - 3
Real Estate Owned
Training Seller will train new buyer.
Reason for Sale Other interest.
Description This used car lot for sale has been completely remodeled, used car dealership located in Wayne county. It is the sharpest, best stocked used car lot in the downriver area. There is a large lot which holds 70 + cars and trucks with display racks outside plus an inside showroom for more expensive, classic cars that the seller collects and sells via the internet (the classic car sales are not included in the gross sales as it is a different business). Most sales are the standard used cars and trucks on the outside lot. The seller offers some ''Buy here, pay here'' financing and some sales are cash deals. In addition to the lot, sales office and inside showroom, there is a vacant apartment above the office area. The entire building was totally renovated in 2004 at a cost of over $150,000. It is the sharpest lot in the area. The employees are NOT aware that the business is for sale.
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