Auto Sales With Property
Location Texas,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $349000
Net Profit / Cash Flow $200000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2000
Number of Employees 6 - 9
Inventory 250000
Relocatable Not Disclosed
Number of Employees 6 - 9
Real Estate Owned
Reason for Sale Retirement.
Description This auto sales company has excellent profitability and is in a great location. The business sells a variety of vehicles and offers financing options, including ''Buy Here, Pay Here.'' The lot draws customers from a 100-mile radius and also receives business from throughout the nation on its successful Internet site. The well-established business is known for having friendly, casual sales people and quality vehicles. It has an average of 100 vehicles on its lot at a time.
The business is in an incredible location on a highway, within a quarter of a mile from a major loop around the city and five miles from the interstate. About 9,000 vehicles pass the lot each month. The lot contains a 1,200-sq-ft building with four offices and a break room. It also has a large garage and a carport. The property is to be included with the business sale. The business is in a growing community with new, state-of-the-art public schools and medical facilities, including a new hospital. The town has a strong commitment to higher education and contains a large community college, a renowned technical school, and a good private college. The clean, friendly town is safe and is a great place to raise a family. The area has low taxes, including no sales tax on food items, and inexpensive housing, with new construction starting at $90,000.
Established: 2000, current ownership began in January 2006.
Employees: 3 fulltime, 3 part-time.
Facilities: An office building and a garage.
Reason for selling: The owner is retiring.
Contact for more information on this Car Dealership for sale.
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