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Broker Contact Information |
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Used Car Sales | Listing ID: 20295 |
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| Asking Price: |
$397,000 |
Status: |
Active |
| Business Type: |
Automotive - Commercial Vehicle Sales |
Reference #: |
BBF-47809036 |
| Business Location: |
Lee County, Florida |
Broker Coop: |
Yes |
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Lee County |
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Annual Income Information |
Labor Information |
| Gross Sales: |
$1,404,000 |
Full-Time Employee: |
2 |
| Cash Flow: |
$70,000 |
Part-Time Employee: |
1 |
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Business Detail Information |
Lease Information |
| Form of Ownership: |
Sole Proprietorship |
Leased SqFt: |
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| Year Established: |
2005 |
Rent /Month (Include NNN): |
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| Accounting Info(years): |
3 |
Lease Exp.Date: |
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| Franchise: |
No |
Original Lease (# of yrs): |
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| Liquor License: |
No |
Lease Left (# of yrs): |
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| Seating Available(#): |
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Lease Option (# of yrs): |
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| Parking Space(#): |
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Lease Renewable: |
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| Hours of Operation: |
Mon-Fri 9:00am-7:00pm, Sat 9:00am-6:00pm |
Lease Transferable: |
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| Reason For Sale: |
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Rent Increase: |
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| Seller Training Available: |
Yes |
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Price Description |
Financial Information |
| Real Estate Included: |
Yes |
Seller Cash Out: |
Yes |
| Real Estate Value: |
$320,000 |
Seller Financing Available: |
Yes |
| Fixture & Equipment Included: |
Yes |
Seller Financing Amount: |
$297,000 |
| Fixture & Equipment Value: |
$8,200 |
Seller Financing Term(years): |
10yrs |
| Inventory Included: |
No |
Annual Interest Rate: |
6.0% |
| Inventory Value: |
$75,000 |
Min. Down Requested: |
$100,000 |
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Business Description |
Dealership opened for business 4/30/3005. Excellent reputation of selling quality cars at a decent price. Sold well over 1000 cars with only 2 BBB complaints. Closest dealer to major US highway on road where over 41,000 vehicles pass by each week. Weekly ads very effective in attracting customers. Two employees willing to stay on. Both know entire operation including selling. One speaks Spanish. Real estate included. Lot size 90'x120'. Building 800 sq ft with 2 bathrooms and outdoor canopy. |
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