Used Car Biz - Huge Profit Margins, Low Risk, High Return
Location Florida,United States
Asking Price Range $500K - $1.0M
Gross Revenues $984460
Net Profit / Cash Flow $289933
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2009
Number of Employees 1 - 3
Inventory 0
Relocatable Yes
Number of Employees 1 - 3
Real Estate Leased
Training Experienced long term employees want to stay on. 2 weeks training at no cost
Reason for Sale new opportunity
Description Used Car-Buy Here Pay Here opened in 2009. Located on a busy road, has 124 street frontage on acre lot. The bldg is 3395 sf, & is subdivided into 4 offices may be used for rental income and an additional 2300 sf in rear with 4 high-bay garages. They do all of their own financing at 29.9% & have a great repeat customer base. The A/R is over $640K & this portfolio brings over $50K/mo. In addition, they provide parking & storage services, Auto Star software included.
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