Auto Dealership
Location Alabama,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $3294000
Net Profit / Cash Flow $358000
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 1999
Number of Employees 1 - 3
Inventory 350000
Relocatable No
Number of Employees 1 - 3
Real Estate Owned
Training Yes.
Reason for Sale Personal.
Description Well-established pre-owned import auto dealership, specializing in late-model luxury and near-luxury vehicles. Pre-tax profit of $658,000 to working owners in 2006. Sales volume and profits have increased each year since business was founded in 1999. Located in the fastest-growing county in Alabama, and one of the top 50 Metropolitan Markets in the U.S. Situated on a major thoroughfare carrying 34,000 vehicles/day.
Well-designed company website with links to autotrader.com and cars.com, generates inquires and sales. Numerous customer financing sources are in place, allowing buyers with a FICO score as low as 400 to qualify for credit. The business enjoys an excellent credit rating, and attractive floor plan credit line. Owner will remain for 90 days to assure a smooth transition. Sale includes real estate and improvements, vehicle inventory and quipment, office furnishings and office equipment. Contact for more information on this Auto Dealership for sale.
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