Details - Information last confirmed on April 8, 2021
This used car lot has been a local staple for the last 13 years and has earned a reputation of offering quality vehicles at great prices. The Buy Here Pay Here business model is a proven success and the current owner will train a new buyer in the business. The Used Car industry is experiencing continued increases in gross profit margin encouraging dealers to increase their footprint.
The owner was in the commercial auto industry through owning a Ford dealership in the northeast. After selling that business, he moved his family to NC where he used his knowledge of selling cars and put it to work by opening up a used car lot. The business has evolved to offer in-house financing which has increased revenue and provides a consistent monthly income.
The business has seen continuous increased revenue as the used car industry has grown nationwide. More cars on the lot will help in growing the business with plenty of room to add more vehicles.
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