Used Auto Dealership

Listing ID 43122 | Auto Dealerships


Asking Price
$28,000

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Seller's Name: Ronald Iole
Phone Number: Phone Number Private

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Financials


Cash Flow
$50,000
Revenue
$120,000
Employees
1
Fixed Asset Value
$23,000 *
Real Estate Value
$0
Inventory Value
$18,000 *

* included in asking price

Investment Desired
No
Loan Desired
No
Home Based
No
Re-locatable
Yes
Startup Business
No
Year Established
2008

Business Details


In these tough economic times, more people are purchasing used vehicles then ever before. I guess I didn't realize the amount of time that is needed to get this shop up and running. It also has it's own website (3rdavenueauto.com) This business is creating too much friction within my family. I am missing too many little league games, too many dance competitions and girls softball games. I have a year and a half left on my lease. Owner will extend lease to qualified person. Rent is only $500.00 per month .Shop area has two bays for working on cars. It is properly zoned, so you can repair car cars for the public.

Business Competition

There are used car dealers in town but no one specializes in vehicles under $5000. There are also 3 new car dealerships in town, that also sell used cars. but again, all there used inventory is around $10,000

Financing

Support and Training

I will give you all the training and support you will possibly need. I will hang around the lot as long as you feel you need me to. (30 days I think should do it)

Reason for Selling

Need to sell to spend more time with my family. I am forever missing my kids special activities. Dance, Softball, Baseball, Band,And a slew of activities yet to be started.