Price: $2,500,000
Location: Miami-Dade County
Industry: Car Dealerships
Listing ID: 42734582
Listing Status: Under Contract
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%.