Over 50 Year BUY HERE PAY HERE in NE FL. Over 11 Million Gross Revenue
Florida
| Asking Price: | $1,750,000 |
| Inventory: | $1,000,000 |
| EBITDA: | $750,000 |
| Gross Revenue: | $11,549,615 |
| Rent: | $21,500/Month |
| FF&E: | $1,000,000 |
Listing ID: 1750003Listing provided by BizBuySell
BUSINESS DESCRIPTION
This very well established used car company has shows between 11.5 to 13million annual sales. Owner NET was over 750,000 in 2023. This lot will hold over 300 cars (currently just over 150 on the lot) and covers 4 acres on a very busy highway.
Currently, at least half of the financed notes are sold to a third party. If those were kept in house, another 500K to 700K could be added to the bottom line.
Full dedicated staff, fully turn key business. Seller would stay on for a 6-12 month transition. Current used car inventory is also available for purchase.
Seller would take a portion of the sale as a Seller note.Serious inquiries only please.
DETAILED INFORMATION
Location
Florida
Inventory
Not Included in asking price
Real Estate
Leased
Employees
30
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Over 4 acres on busy road. Turn key business
Competition
Other used cars
Growth & Expansion
Over $500,000 in notes can be added to the bottom line financing everything in house.
Support & Training
30 days at no cost, long transition if needed
Reason for Selling
Retiring
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