Great Buy - Pay Here Auto Dealership
Location Virginia,United States
Asking Price Range $500K - $1.0M
Gross Revenues $1031770
Net Profit / Cash Flow $151150
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1996
Number of Employees 6 - 9
Inventory 151150
Relocatable No
Number of Employees 6 - 9
Real Estate Owned
Training The seller will train a new buyer during a pre-determined transition period.
Reason for Sale The owner wishes to pursue other interests.
Description A Profitable - Buy Here Pay Here - Auto Dealership
Listing Summary: Asking Price: $649,000 Gross Income: $1,031,770 Cash Flow: $151,150 FF&E: $62,000 Inventory: $55,000 (Included in Price) Real Estate: (Lease or Purchase) Financing: Call Broker. For more information call: 540-354-2791 This well run BHPH Dealership is a great opportunity for a corporate or an individual buyer to acquire and grow. This BHPH Dealership has a great customer reputation and dominates the local BHPHP market. If you are interested in entering the growing and profitable BHPH auto sales and rental industry, you should see this business. The business occupies two main buildings and has street-front outdoor auto sales display areas. The auto sales display areas can accommodated approximately 50 cars total with good visibility along a major four lane highway that has an approximate traffic count of 40,000 vehicle per day near a busy commercial area and mall. The main office building has a brick facade with approximately 2,500 sf total on two levels and has 3 private offices, a mail/file storage room, a spacious customer waiting area and on the main level and a meeting room / kitchen on the lower level. The fully equipped seven bay auto repair shop has approximately 6,000 sf, with seven car lifts and parts storage on two levels. The seller owns the office building and leases the auto repair shop property next door. The seller will train a new buyer during a pre-determined transition period. The owner wishes to pursue other interests. There are other new and used car dealers in the area that together draw many potential new customers to the area. Most other dealers however, do not provide the same high level of service and professionalism that this Buy Here Pay Here dealership provides to its customers.The Buy Here Pay Here market segment is increasing due to tighter bank requirements and the general economic downturn. The Business attracts many new customers by word-of-mouth.
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