Established and Profitable Used Auto and Truck Dealership located in a great section of Central Florida. This dealership has a fateful following of repeat customers as well as a very attractive location. Dealer has Buy here/Pay Here business as well as traditional financing also. Includes Business/$475k, Inventory/550k, Receivables/$800k, Real Estate/$1.8M
- Price: $3,525,000
- Down Payment: $3,525,000
- Sellers Discretionary Earnings: $380,038
- Total Sales: $2,810,579
- Remarks: May Quality for Work Visa and SBA Financing
- Real Estate Available: Real Estate is included at $1,800,000.
- Recent Appraisals: Recent Aug 2020 Appraisal
- Reason for Selling: Other Interest
- Employees: 7
- Managers: 1
- Year Established: 6
- Years Owned: 6
- Inventory: $550,000
- FF&E: $200,000
- Category: Automotive - Used Cars/Trucks
- Remarks: This Business is equipped with a professional and knowledgeable Repair, Maintenance, Sales, Finance, and Office Staff.
- Square Footage: 6000 Square Feet
- Monthly Rent: $5830
Seller Financing: Seller will hold a 10% note of $432,500.
SBA Financing: Business should pre-qualify for a SBA loan.
Skills/Licensed Needed: Automotive Dealer License / Normal Business License
Training Available: Seller will train the new owner for 3 weeks M-F