Price: $240,000
Location: Broward County
Industry: Car Dealerships
Listing ID: 42734689
Listing Status: Sold
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.
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
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
Real Estate: N/A
Monthly Rent: $14,000
Type of Location: Industrial Plaza
Square Footage: 7500
Relocatable: No
Reason For Sale: Other business interest (seller has other business to run)
Training & Support: Two weeks at no cost