Profitable Used Car Lot on Prime Location
Asking Price: | $700,000 |
Gross Revenue: | $2,171,722 |
Rent: | $6,500/Month |
FF&E: | $25,000 |
Cash Flow: | $579,075 |
Inventory: | $75,000 |
EBITDA: | $266,039 |
Established Year: | 2014 |
Located prominently with a 1,500 SF office and an expansive 8,000 SF lot exclusively for dealership use, this well-established business has served the community for over a decade, with the current owner managing operations for 1.5 years. The dealership operates efficiently with 4 full-time employees and offers non-buy here/pay here financing options to customers. Boasting a current inventory valued at over $400,000 ($75k included in the asking price), the seller is open to financing the inventory directly, as there is no floorplan financing for vehicles. With annual revenues exceeding $2 million and a robust Seller's Discretionary Earnings (SDE) of over $500,000, this opportunity presents strong potential for growth and profitability in the competitive automotive industry. The lease renews yearly.
Nets $500K Orlando Fl - Profitable Retail Auto Dealer - Amazing Shop
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