2 Location Used Car Dealership Poised for Growth

Reduced

Perfect opportunity for an interested buyer to carve their way into the Used Car Auto Sales business. This two location car dealership has a strong brand and reputation, in a prime Southern California location. The business enjoys strong monthly vehicle sales with over $460k of adjusted net profit in 2017. Established online presence, key personnel in place, solid relationships with major banks, plus a $1.75m flooring line of credit with auction company. This business is poised for new ownership to step in and continue to grow the operation. Facilities include a 10,000 sq. ft. storage lot housing inventory of middle range cars with a variety of makes and models. Become a part of the $126 billion used car industry and call today for more information!

Financial Information

Asking Price:
$975,000
Down Payment:
$
Gross Sales:
$6,998,739
Total Income:
$468,728
Equipment/Fixtures:
$
Inventory:
$Not Included
Location:
South San Diego County
Business Type:
Used Car Dealership

Seller Carry Terms Offered:

Asset & Lease Information

Inventory Included:
$Not Included
Leasehold Improvements:
$
Equipment/Fixtures:
$
Base Rent:
$
Total Rent:
$15,600
Rent Deposit:
$
Lease Ends:
5/1/2020
Lease Options:
1 Year, 5 Year
Facilities:
22,500 ft2
Year Established:
2002
F/T Employees:
12
P/T Employees:
Contract Labor:
Support/Training:
2 Weeks

Special Licence Required:
Dealership License
Other Assets:


Agent: Dustin Sigall c: (858)382-4974 e: dustin@fcbb.com