Automotive Broker With Optional Real Estate
Location Mississippi,United States
Asking Price Range $500K - $1.0M
Gross Revenues $9000000
Net Profit / Cash Flow $0
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1991
Number of Employees 6 - 9
Inventory 710000
Relocatable No
Number of Employees 6 - 9
Real Estate Owned
Training Provided by Seller
Reason for Sale 20 years in business. Ready to do other things.
Description This profitable, well-established Automotive Broker business for sale has the option to purchase additional real estate with approximately 250' of frontage on a highly trafficked "Main Street" in the Pike/Lincoln County area of Mississippi. It is a popular spot for locals throughout the surrounding areas to purchase cars and trucks. Real estate includes approximately 2 acres of land, an approximately 5,000 sq ft building with showroom, offices and garage, and a standalone approximately 2,000 sq ft building. The business is in a great location with entrance and exit from a very busy street. Buyer could take full advantage of this rare opportunity to purchase or develop the real estate with "Main Street" access.
The land is separate from the business but optionally available for additional funds. The acreage is also connected to even more land and buildings that are available and owned by seller's family members for a total of approximately 500' of "Main Street" frontage and approximately 3 acres. Jason Corkern is the business broker, Ward Wicht is the real estate broker 228-209-9876.
The business is a multi-pronged opportunity, offering multiple avenues for revenue and profit, including sales, repair, finance and restoration. Sale includes all existing automobile inventory, customer database, all contracts for revenue streams and all existing non-personal items, fixtures and equipment.
Seller is ready to pursue other business interests after 20 years of ownership. He comments: "I started the business when I was 17. It has been one big dream to have a specialized market with muscle cars and 4x4s. It's like coming to a toy box every day! " Seller is willing to stay for training and will remain on-call afterwards. This is a truly rare and exceptional opportunity to purchase an automotive business on the busiest street around and/or purchase substantial land/acreage which cannot be found anywhere else within 30 miles. Come see the business and surrounding real estate,
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