Auto Dealership and Body Shop

Very well established auto dealership and body shop business. Excellent reputation and loyal client base. Company buys cars from auction platforms, such as Copart, Manheim, IAA, etc., makes the major repairs and sells them thru eBay. 250 cars available at an additional price.
Business has everything to make any repair including paint, mechanic, engine, transmission and electronic.
Financials shown represents annualized numbers. 2022 January-May revenue is $3.2 MM and net profit is $703K.
For more information please submit the NDA, financial statement and resume.

Down Payment: $1,500,000

Total Sales: $7,671,996

Cash Flow: $1,687,393

EBIT: N/A

EBITDA: N/A

Accounts Receivable: N/A

FFE: $250,000

FFE Included: Yes

Inventory: $2,500,000

Inventory Included: No

Year Established: 2020

Year of last Acquisition: 2020

Days & Hours of Operation: Monday - Saturday 8:30 AM - 6 PM

Owner Hours Per Week: 40

Lender Pre-Qualified: No

Non-Owner Payroll: N/A

Employees: 12

Managers: 1

Absentee Owner: No

Real Estate: N/A

Real Estate Included: No

Monthly Rent: $17,000

Type of Location: Industrial

Square Footage: 14550

Relocatable: No

Reason For Sale:

Other business interest

Training & Support:

Seller provides training for 2 weeks at no cost.

Financing/Terms:

$1,000,000 is financed for 36 months at 5%.