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BUSINESSES FOR SALE

If you are looking to buy a business or sell a business, GlobalBX can help you. GlobalBX is a free business for sale listing exchange that provides a confidential forum to facilitate the buying and selling of businesses with thousands of businesses and franchises for sale as well as comprehensive business information for business buyers and business sellers. Buy a business, sell a business, find a franchise for sale or franchise opportunity at GlobalBX. Click Here to access GlobalBX's full site.

Businesses For Sale   >>   California Businesses For Sale Categories   >>   

Automotive Financial

Location  California,United States
Asking Price Range  < $250K
Gross Revenues  $250000
Net Profit / Cash Flow  $100000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  2000
Number of Employees  1 - 3
Inventory  10000
Relocatable  No
Number of Employees  1 - 3
Real Estate  Leased
Training  Seller will train.
Reason for Sale  Retirement.
Description  This Automobile Financing company has been around for the last 8 years in the area which is close to so many car dealerships in Santa Ana. The primary focus of this business is financing used cars for auto dealerships customers with less favorable credit. They buy automobile finance contracts which have finance charges of 10-24% from dealerships with 5-20% discount off of face value of the contracts. According to the owner this is very good business and there is a great opportunity to expand regionally and/or nationally. Owner is willing to train and teach the secrets of the trade and willing to stay with the new owner for about 2 months. This business is in exiting area of automobile financing with great income and favorable business hours. Buyers with good credit may qualify for working capital from a bank and expand the business very rapidly. Current owner has different businesses to take care of and do not have enough time to devote to this business. He is retiring from Automobile Financing business. Contact for more information on this Automotive Financial business for sale.
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