Highly Profitable Used Car Dealership

Reduced

Two location used car dealership in prime San Diego location. This independent dealership has good visibility within the mecca of brand name dealerships. Over $460k adjusted net profit in 2017! Many repeat customers and experienced management/sales team in place. Business is turn-key with top tier relationships established with major banks. $1.75m flooring line of credit established with auction company. Additional 10,000 sq ft storage lot housing inventory of mostly middle range cars with a variety of makes and models. Inventory is not included in the sale. Owner will provide training. Become a part of the $126 billion used car industry! Call today for more information.

Financial Information

Asking Price:
$1,095,000
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