Amazing Opportunity In South Florida Car Rental, Dealership, Repair
| Asking Price: | $3,000,000 |
| Inventory: | $2,000,000 |
| Real Estate: | $3,500,000 |
| Gross Revenue: | $3,500,000 |
| EBITDA: | $475,000 |
HS Listing ID-64209
Located In Very South Florida, Very Popular Area.
Stunning independent used car dealership, rental agency, and napa auto car center.
Family owned business who are looking for someone to take over and continue the amazing success the business has had.
In business at the same location since 2014! Lease still has 2 years left and the owner of the land is willing to sell or extend the lease.
Option to purchase property for an additional $3.5M.
The inventory being for rent allows owners to depreciate entire inventory against income.
EBITDA the last 3 years has been $450k-500k. The years prior was $800k plus. too much inventory was taken on which is the cause for the drop, owner said he has fixed the problem.
If SBA is willing to transfer EIDL loans to qualified buyers owner is willing to do seller financing. $1,000,000 down.
Asking 3M + inventories (inventories estimated value $2m, usually assumable).
