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Absentee Small Town Used Car Sales BHPH w/CRE

Baker County, Florida

Asking Price: Gross: Cash Flow:
$479,000 $334,470 $110,071

Furniture and Fixtures Value:
$10,000 (included in the asking price)

Inventory Value:
$75,000 (included in the asking price)

Real Estate:
$250,000 (included in the asking price)

Business Summary:
Financial Statement and passing the Florida Dealers License test is required. Down Payment REQUIRED is $100k unborrowed funds.15 year old Used Car business including vehicle Inventory, AR and CRE in beautiful small town west of Jacksonvillle, Florida. Presently, business is run fully absentee with a manager who collects the car payments and oversees all daily operations. This business needs a friendly salesperson or an owner-operator to buy from auction and sell vehicles . Accounts Receivables and all non-personal vehicles on the lot ARE INCLUDED (Currently $6,000 income per month and 75k of used Car, SUV, and Truck inventory)!! The owner stopped working in the business a few years ago, and has one employee/manager running the biz with 2 helpers. There is no marketing or salesperson currently, but everything is in place and all the potential is here if you have what it takes to buy and sell vehicles. Please refer to listing 7101355273 and advisor Dan Tomlin when inquiring.

 
   
   
Year Business was Established: 2010
   
Number of Employees: 15 Emp FT: 1 Emp PT:  
   
Facilities / Terms of Lease: Lease/Month: Square Footage: Building Type: Free Standing Terms & Options: Expiration Date:  
   
Owner willing to finance: Loan/Seller - Amt: 400,000 Mos: 120 Rate: 10.00 Mo Pmt: 5,286.03  
   
Owner willing to train: Seller will train for 2 weeks at no cost  
   
Reason for selling: Other Career  
 

 

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