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Used Car Sales & Personal Financing For Sale
Location Texas,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $800000
Net Profit / Cash Flow $269000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1980
Number of Employees 4 - 5
Inventory $635,000 with notes receivable.
Relocatable Not Disclosed
Number of Employees 4 - 5
Real Estate Owned
Training Owner has agreed to remain for a reasonable transitioning and is willing to negotiate a longer stay as well. Key staff will most likely stay on after the sale.
Reason for Sale Approaching retirement.
Description This successful business has been offering the finest of pre-owned vehicles to its Central Texas community for over 30 years. Customers find quick and simple solutions to all their auto sales needs as well as to the restrictions of their budgets! All financed customers receive a free oil change and free lock out services. Dealer financing is available for most clients, and with the selection offered at the facility's lot, they are bound to find just the right used car, truck, or van they're looking for.
This business was founded in 1980 with the current owner. The business is run in both an absentee and hands-on fashion by the owner, with a Texas Auto Dealer license being basically the only license required to operate the business. The business itself has a reputation for friendly service and fair dealings, which it has rightfully earned through years of experience. The owner is now wishing to retire and see the business passed on to a new owner. Don't hesitate to contact us today!
The primary business activities of this business include used car sales & personal financing. Notes receivable inventory valued at $630,000, equipment and vehicles such as a 3/4 ton Ford tow truck and full steel 21 ft trailer with power weights are included in the sale.
The property, included in the sale, consist of a 2000 sq ft building containing office and work space, and a 42,350 sq ft lot used for storing and showing the inventory. There is an option to buy the property with the sale.
This is the only dealer in the area to offer personal financing with the purchase of a vehicle. This business has a system that works like a well oiled machine, developed over the years. This allows the employees to find the most efficient, cost effective and comfortable vehicle for each one of their customers. This is why 50% of their customers are referred to the business through other satisfied clients. They're simply the smartest choice around! Asking $1.3M. Contact Jason 972-331-6578.
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