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Used Car Dealership
Location: United States -> California -> Southern California - Los Angeles Area -> Los Angeles
Industry: Auto Related > Auto Dealers




Business Summary

Profitable and established absentee run used car dealership for sale in Los Angeles! This is a unique opportunity to acquire a profitable turnkey used car dealership with a strong reputation in its market. The used car dealership is located on a busy street corner with a stop light and room for approximately 30-40 cars. The business has been in operation for over one year and sales have consistently increased. The sale includes all the current car inventory that is valued at over $160,000 retail. There is a small office, with a desk, chairs, computer, printer, and a $2,000 security camera system. The buyer will be trained by the current owner on where and how to buy used cars, how to advertise them for sale and how to run the business. There is also mechanic on site that can make any repairs the cars need. The business is currently absentee run but could be much more profitable with a more hands on owner. A new 3 - 5 year lease is available for this great location or take the inventory and knowledge from the owner and set up your business in a new location. The hard work has been done for the new owner, all the marketing, marquee signage, location signage, and a robust website are taken care of. Now it's time for the new owner to take over and continue to grow the business by cutting costs and taking on more inventory and continuing to advertise through different sources.


This business has a total rent of $2,800 per month. The seller is active in business with 3PT employees. Included in asking price are $100,000 in inventory.

Asking Price: $150,000


Financials

Asking Price Range:  < $250K
Gross Revenues:   $213,507
Cash Flow:   $36,321
Cash Flow Type:  EBITDA
Inventory:  $100,000
Seller Financing:  No

About The Business

Year Established:  2014
Number of Employees:  1 - 3
Relocatable:  Not Disclosed
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  30 Business Days
Reason For Selling:  Seller starting other business




Print Listing Id: 700259795
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Related Searches: Auto Dealers  >  Auto Parts Retail and Distribution  >  Auto Rental  >  Auto Repair  >  Car Wash  >  Gas Station  >  Other Auto Related  > 

Also See: Franchise Opportunities > Franchise Resales > California Businesses For Sale > California Franchises For Sale > California Business Brokers



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