Auto Dealership
Location:
United States
->
Alabama
Industry: Auto Related > Auto Dealers
Business Summary
Well-established pre-owned import auto dealership, specializing in late-model luxury and near-luxury vehicles. Pre-tax profit of $658,000 to working owners in 2006. Sales volume and profits have increased each year since business was founded in 1999. Located in the fastest-growing county in Alabama, and one of the top 50 Metropolitan Markets in the U.S. Situated on a major thoroughfare carrying 34,000 vehicles/day.
Well-designed company website with links to autotrader.com and cars.com, generates inquires and sales. Numerous customer financing sources are in place, allowing buyers with a FICO score as low as 400 to qualify for credit. The business enjoys an excellent credit rating, and attractive floor plan credit line. Owner will remain for 90 days to assure a smooth transition. Sale includes real estate and improvements, vehicle inventory and quipment, office furnishings and office equipment. Contact for more information on this Auto Dealership for sale.
Financials
Asking Price Range: $1.0M - $2.5M
Gross Revenues:
$3,294,000
Cash Flow:
$358,000
Cash Flow Type: Sellers Discretionary Cash
Inventory: $350,000
Seller Financing: No
About The Business
Year Established: 1999
Number of Employees: 1 - 3
Relocatable: No
Franchise: No
Current Real Estate: Owned
Property: Property For Sale
About The Sale
Management Training and Support: Yes.
Reason For Selling: Personal.
Click on the "I'm Interested" button above for more information on this Auto Related > Auto Dealers business for sale.
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Print Listing Id: 70070898
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