Niche Luxury Car Dealership with $2M Buying Power Wholesale Suppliers

Davie, FL
Asking Price:$375,000
Gross Revenue:$8,400,000
Rent:$6,200/Month
FF&E:$7,000
Cash Flow:$240,000
Inventory:$2,000,000
EBITDA:$350,000
Established Year:2020
BUSINESS DESCRIPTION

Prime Location / FREE 4 Week Training / Comes with Full Inventory

NO SBA ALLOWED OR SELLER FINANCING DUE TO LINES OF CREDITS BEING USED TO BUY INVENTORY AND WILL BE TRANSFERRED TO YOU! Good credit standing is required to be approved. 680+ with solid tax returns or bank statements to show prior income.
Golden opportunity to get into the car buying and selling business running! No down time with immediate sales and training in all aspects of the business. Valuable knowledge and resources that will allow you to achieve uncapped profit potential every month!
What's Included:
Multiple Suppliers who provide front line ready vehicles for sale. No purchase necessary. Can be sold on consignment.
Auction Access and Dealer License
5 Dealer Plates which can be used on any vehicle covered up to $1M. Yes you are allowed to drive nice inventory vehicles home and out to dinner! In fact, I only drive dealer cars as part of quality control.
$2M+ Line of Credit to buy vehicles from auction or private sellers.
Average 24-31 car sales per month with 8-14% ROI
$1M+ Average Monthly Revenue with All Monthly Tax Return Receipts (3 years)
Instant car evaluation calculator using only vin and miles
Easy to use CRM with integrated Credit Application and auto vehicle posting
Flexible Finance Lenders for all credit types
Established eBay following with tons of nationwide return clients
Customer Esign Paperwork Template
Ability to make even more money on Temporary Tags, Vehicle Transport, Extended Warranty Options, and Customization parts. Even by adding a dealer fee since I never charged clients a dealer fee.
Prime Secure Location in Fort Lauderdale next to vehicle auction and turnpike with optional 5 year lease extension.
Easy and Fast customer reply templates.
Ability to post vehicles for sale on all platforms.
Relationship with excellent body shop, fast reliable mechanics, and professional detailer with wholesale pricing.
2 Fully Furnished offices
2 Bathrooms
What's needed?
$100k liquid capital to cover monthly costs and buying inventory before being reimbursed by the line of credit.
iPhone and macbook computer
Recommended 3 employees or partners. 4 person job total to achieve same amount of sales.
2 Person job if only selling exotics with higher profit margins.
NOTE: Owner willing to stay on for a maximum of 1 year to ensure profitability and business to run as advertised but expects reasonable compensation for this route. Owner also willing to relocate the business to Wellington, Boca Raton, Pompano, West Palm Beach, (Orlando would be the limit) if needed and if new owner prefers to bring on new employees.
What is the bottleneck in this business? Honestly space. At the moment we are operating out of 2,300sq/ft which only houses 23 cars. A larger warehouse say 6ksqft will significantly increase amount of inventory and sales. Will accept payment in Crypto at an 8% fee


DETAILED INFORMATION
Location
Davie, FL
Inventory
Included in asking price
Real Estate
Leased
Building SF
2,300
Lease Expiration
01/07/2025
Employees
2
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Clean well maintained warehouse complex in prime secure location in Fort Lauderdale Florida. Easily accessible off the highway, Turnpike or i95. 15 minutes from Fort Lauderdale airport. 2 Offices Fully Furnished.
Competition
Niche business model specializing in buying and selling rebuilt title vehicles with flexible financing options and larger profit margins.
Growth & Expansion
Plenty of room to grow but you will need a larger warehouse and 1 or 2 more sales guys. Instead I would focus on purchasing quality cars using the formula provided and add warranty and transportation profit to every sale.
Financing
Home Equity Loan is recommended for lowest interest
Support & Training
2 week training in buying, selling, posting, taxes, etc..
Reason for Selling
Retire & Travel
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Michael Lucci
Michael Lucci