Price Reduced! Car Dealership with Property in Mobile, AL!
Asking Price: | $599,000 |
Inventory: | $100,000 |
Gross Revenue: | $600,000 |
Real Estate: | $599,000 |
Car Dealership with property in Mobile, AL that generates car sales and generates income from financing car sales!
Dealership has approximately 200 accounts with each account collecting between $250 to $275 per month! Interest rate on the accounts is 24.95%!
Sales are an average of $50,000 per month from the accounts!
Google Reviews are 4.2+ Stars!
All cars are tracked with a built-in sensor! If the payment is even one day late, then repossession is permitted. Repo company is reliable!
Seller has a Mechanic onsite to handle repairs! Minimal learning curve for the Buyer!
Closed Sundays! Favorable hours from 10am to 6pm each day! Seller is the only person working the business other than the mechanic! Seller is looking to semi-retire!
10 Min from a mixed-use development!
11 Min from one of the newest housing developments, consisting of residential units and several retail & office tenants.
3 Min from a multi-family apartment complex with 96 units! 2 Miles from Mobile International Airport!
High traffic count of 12,960 vehicles passing by the dealership each day!
Asking Price for Business and Property: $599,000 plus inventory. Inventory is estimated at $100,000 at cost.