Auto Dealership

Price: $1,900,000

Location: Broward County

Industry: Car Dealerships

Listing ID: 42730449

Listing Status: New

Description

Great location, eye-catching brand on a highly visible corner 26,000 ft, high traffic area of Pompano Beach, Florida. The business is ten years old with a hands-on, dynamic owner who will provide training for 30 days as a courtesy. He has offered to stay on as a consultant for an additional five months. The customer begins by accessing the website online or visiting the dealership, where a professional can assist in the simple buying process in minutes. It begins by building your deal by finding financing options, valuing your trade-in, and choosing service and protection plans. Next, you pick a time to see the vehicle selected at the dealership, then Finalize your sale or purchase in less than 15 minutes. They will buy from you even if you do not buy a new car from them. If you would also like to purchase, there is a site large inventory to select from. Countless 5-star ratings, for example. "The customer service here is excellent. They helped me find the perfect car for my needs and budget. Their transparency and honesty were much appreciated."

LISTING DETAILS

Down Payment: $1,400,000

Total Sales: $2,799,976

Cash Flow: $233,646

EBIT: N/A

EBITDA: N/A

Accounts Receivable: N/A

FFE: $50,000

FFE Included: Yes

Inventory: $200,000

Inventory Included: Yes

Operation

Year Established: 2013

Year of last Acquisition: 2013

Days & Hours of Operation: Mon-Sat 10-6

Owner Hours Per Week: 50

Non-Owner Payroll: N/A

Employees: 4

Managers: 1

Absentee Owner: No

Lease Option: 5 yr with 5 yr option

Location

Real Estate: N/A

Real Estate Included: No

Monthly Rent: $7,400

Type of Location: Corner Lot

Square Footage: 26,000

Summary

Reason For Sale:

Time with family

Training & Support:

4 weeks at no cost.

Financing/Terms:

$500,000 of seller financing is available for 48 months at 7%

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LISTING OWNER