• Used Car Dealership- 2 locations

    Business Description

    Prime used car dealership. Currently $16-18k monthly in residual income from the paper that they hold. Two sought after locations including 501 and N.Myrtle.
    Both dealerships on own land in desirable locations. Dealer has purchasing network that allows him to buy below market and pass the savings on to buyers.-Incredible opportunity to grow both Dealerships with this unique buying position.
    Premium 501 location with room for expansion or add additional business development. The N. Myrtle location includes a full service repair facility and additional room for expansion. Complete wrecker service included along with a full service 4 lift repair facility. The $1/4 million Dealer Floor Plan is paid and available for expansion. Management and full staff in place.

    Asking Price:$1,100,000

    Cash Flow:$250,000

    Gross Revenue:$2,100,000

    EBITDA:$250,000

    FF&E:$300,000

    Inventory:$600,000*

    Real Estate:$1,100,000*

    Established:2011

    Detailed Information

    Inventory:
    Not included in asking price
    Real Estate:
    Owned
    Not included in asking price
    Building SF:
    3,500
    Employees:
    10
    Furniture, Fixtures, & Equipment (FF&E):
    Included in asking price
    Facilities:
    2 premium locations
    Support & Training:
    Turnkey operation includes 30 days training and support
    Reason for Selling:
    Family issues

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