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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   >>   Texas Businesses For Sale Categories   >>   

Extremely Profitable Used Car Dealership

Location  Texas,United States
Asking Price Range  $2.5M - $5.0M
Gross Revenues  $3850000
Net Profit / Cash Flow  $3600000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  No
Year Established  1990
Number of Employees  4 - 5
Relocatable  No
Number of Employees  4 - 5
Real Estate  Owned
Description  Extremely profitable used car dealer that follows a precise formula based on years of success at the present location, including an AR of $2.6M at 22%, gross revenues in excess of $3.6M, significant cash on the books, and late model premium brand autos at higher mileages. Gross margins approach 50%. Real estate is included and the site is neat, tidy and shows extremely well. The ideal buyer is a seasoned auto veteran willing to adapt to the well-honed process of managing the receivables.
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