Nets $500K Orlando Fl - Profitable Retail Auto Dealer - Amazing Shop
| Asking Price: | $700,000 |
| Gross Revenue: | $4,300,000 |
| Rent: | $10,000/Month |
| FF&E: | $300,000 |
| Cash Flow: | $500,000 |
| Inventory: | $1,000,000 |
| EBITDA: | $500,000 |
| Established Year: | 2011 |
Seller, located in Orlando, FL, has a passion for vehicles and for helping customers. Put those two things together and you get the most satisfying, hassle-free car buying experience you've ever had. Seller prides themselves on stocking an impressive inventory lineup of quality used cars, trucks, and SUVs that is sure to meet any customer's needs. Service, reliability, and quality, that's the seller's concepts!
Walt Disney World, Universal Orlando Resort, SeaWorld Orlando and myriad other attractions, hotels, entertainment options, retail and more are all part of the overall industrial juggernaut that makes up Orlando's tourism industry.
Orlando's 75 million visitors generated more than $75.2 billion in annual economic impact for Central Florida.
Tourism supports 41% of the region's workforce at more than 463,000 jobs.
Last year, more than $5.8 billion in local ad state tax revenue was generated through the tourism industry, which is used by governments to fund operations such as infrastructure projects, public safety, school construction and more.
For example, tourism generates economic impact for the following industries:
$11.9 billion in business sales impact to finance, insurance and real estate
$7.89 billion, food and beverage
$6.22 billion, business services
$3.34 billion, education and health care
$1.44 billion, construction and utilities
There's no doubt the tourism industry is the lifeblood of the Orlando economy as many decisions by industry trickle over to business opportunities for other segments of the region.
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Option A) Seller Financing Scenario:
A1 LOAN BUSINESS) Owner will finance Goodwill & FF&E: Price $799K Blue Sky + $300K Assets & FFE /
Financing with $500K DOWN PAYMENT for 5 years 6.99% APR
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B2 CASH) BHPH LOANS * NOTE OPTIONAL FOR BUYER
$1,400,000 PRINCIPLE x 85% = for BHPH Portfolio of Loans ALL CASH UP-FRONT
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B3 LOAN) Inventory $1,000,000 / TERMS = 12 Months Revolving Line with 20% Down Payment 1 Year
Loan / CREDIT LINE Amount $1,000,000
Line of Credit @ 10.00 % monthly plus $100 fee per unit floor-plans per month
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B4 PROPERTY)
* Value on owned Real Estate $1.8M
Real Estate Real Estate Properties (1) / lease 5 years / buyout end of term $2M
$10K per Mo plus + tax 5yr lease or 20 Year Financing at 6.99% with 30% Down Payment
Buyer will provide suitable Guarantee to Seller
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How many vehicles does the dealership sale per month on average at each location? 19
What number of units does the dealership stock on average in inventory at location? 50
What dollar amount of inventory? $1M
What is the average model year of your inventory? 16
What is the average mileage of your inventory? 80K
Who buys the inventory for each location- How is aged inventory managed? Is it sold wholesale at 60 or 90 days? All units are bought by the owner or GM and aged inventory. Drops price and retails car.
Averages $7000 profit per car sold
Vehicle, APR & LOAN TERMS
Are there APR & LOAN TERMS restrictions based on vehicle age? 24.9% capped
If yes, what is the maximum? 54 Month Max
Are there restrictions based on make or model? No Merc, VW, Porsche
Orlando is a city of state Florida. The city has population over 300,000 that accounts for 1.3% of the state population. The city’s population is the fourth biggest in Florida after Jacksonville, Miami and Tampa. It is the 73rd-largest city in the United States and Florida’s largest inland city. Orlando is famously known as “The Theme Park Capital of the World”
