Auto Dealership Great Location Corner Busy Street

Pompano Beach, FL

Seller Financing Available

80 AUTOS IN INVENTORY - BEST PRICING
Asking Price:$1,100,000
Gross Revenue:$2,799,976
FF&E:$5,000
Cash Flow:$400,000
Inventory:$250,000
Established Year:2013
BUSINESS DESCRIPTION

This Auto dealer is a full service used car dealer which has been in business for over 10 years. It sells all makes and models of used cars while offering financing solutions to all types of customers. There is a sole owner and manager for over 10 years and has worn every hat possible in the automotive industry. Owner has had several other successful businesses before he started Doozy Auto in 2013. It has been growing every year since its inception and has had to move to 4 different locations as the company grew in space and sales. The current location in Pompano Beach serves as its location for the past four years becoming a staple in the community and the go to used car dealership in Northern Broward. Also the business was just rewarded a license with UHAUL to rent trucks.


DETAILED INFORMATION
Location
Pompano Beach, FL
Inventory
Included in asking price
Employees
3
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Great location on corner lot in Pompano in high traffic area. Assets are $400,000 value in car rentals with fully operating office
Competition
No real competition in the aea
Growth & Expansion
Growth with more marketing, extended hours and additional inventory. 3500 additional square fee is available for rent currently held by landlord.
Financing
Seller will financing 50%
Support & Training
Owner will stay and train for free for 30 days
Reason for Selling
Retirement
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Ben Schachter
The Signature Real Estate Company
Ben Schachter