Well Established Auto Dealership

Price: $240,000

Location: Broward County

Industry: Car Dealerships

Listing ID: 42734689

Listing Status: Sold

Description

This well-established and recently renovated auto dealership is dedicated to providing customers with top-quality, pre-owned vehicles. This business is positioned for continued success in the automotive industry.

The dealership benefits from extensive relationships within the dealer community, allowing it to acquire a diverse selection of lease returns and new car trades at exceptional values. These connections enable the dealership to offer an attractive and competitive inventory to its loyal customer base.

A key feature of this business is the additional monthly income of $7,500 generated from social club memberships, which has started this year. This supplementary revenue stream enhances the overall profitability of the dealership, making it an even more attractive investment.

The dealership also has a finance manager, ensuring a smooth and efficient sales process for customers, as well as strong financial management for the business.

Contact us today to learn more about this opportunity.

LISTING DETAILS

Down Payment: $240,000

Total Sales: $3,065,831

Cash Flow: N/A

EBIT: N/A

EBITDA: N/A

Accounts Receivable: N/A

FFE: $60,000

FFE Included: Yes

Inventory: N/A

Inventory Included: No

Operation

Year Established: 2023

Year of last Acquisition: 2023

Days & Hours of Operation: Monday-Friday 10AM-6PM, Saturday 10AM-1PM

Non-Owner Payroll: N/A

Employees: 4

Managers: 1

Lease Option: Available

Location

Real Estate: N/A

Monthly Rent: $14,000

Type of Location: Industrial Plaza

Square Footage: 7500

Relocatable: No

Summary

Reason For Sale:

Other business interest (seller has other business to run)

Training & Support:

Two weeks at no cost