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Used Car Dealership in a Great Location

Broward County, Florida

Asking Price: Gross: Cash Flow:
$325,000 $1,800,000 $150,000

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

Inventory Value:
$150,000 (included in the asking price)

Real Estate:
$0 ( not included in the asking price)

Business Summary:
Located at a traffic light in a very highly visible location with about 54,500 cars passing daily according to the FDOT. There is substantial repeat business due to the unique way of doing business. This is a Buy Here Pay Here lot. The seller does all the financing and will be willing to finance for the new owner if requested. The lot comes with or without inventory. The sales price will be reduced by the inventory value if sold without the inventory. This business has been owned by the same owner for 22 years, and has been in the same location in Fort Lauderdale for 11 years. the used car lot can be built up to be a large re-curing income business just by copying present owners formula.This Florida based company for sale is offered by Transworld Business Advisors, the number one business brokerage in the world. With local presence AND global marketing reach, Transworld Business Advisors provides main-street and lower middle market business owners and buyers with transaction expertise. Inquire for more details and learn how you can buy a business for as little as 10% down on qualified SBA listings or how to use creative financing options to get a deal done! Get added to our buyer list today to receive notifications as businesses with your criteria hit the market! For more information on this business for sale contact listing agent Rob Cohen - (954) 536-2707. Please refer to listing #0101978949.

 
   
   
Year Business was Established: 2002
   
Number of Employees: 2 FT/1 MGR  
   
Facilities / Terms of Lease: Lease/Month: 10000 Square Footage: 4000 Building Type: Free Standing Terms & Options: NA Expiration Date: 5/31/2025  
   
Competition: Miles: 25 Years: 3  
   
Owner willing to finance: Loan/Seller- Amt: 125,000 Mos: 36 Rate: 8.00 Mo Pmt: 3,917.05  
   
Owner willing to train: Weeks Training: 4 Cost: $0  
   
Reason for selling: Retirement  
 

 

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