Opportunity to acquire a Buy Here Pay Here Auto Dealership in an amazing location, real estate is also available for sale!
Established for over 20 years.
This business has an excellent book of business, with very few defaults.
Currently, there is close $1,000,000 in accounts receivable.
Accounts Receivable is available for sale as well for an additional price of 80% of current accounts receivable balance at closing. The current receivables brought in an additional $190,000 in interest income last year.
The business is located with frontage off a main road with over 23,000 cars driving by per day. It is a 1-acre property, office, bay with lift, parking lots, and one additional suite/office that has been traditionally rented to other businesses. Real estate is not included in asking price. Asking Price for Real Estate is $1,500,000. Only one of two suites is currently being used, so a new owner could rent out the other suite to another tenant.
Current inventory is not included with asking price, and estimated to be $60-$70,000 at closing.
Business has stellar reviews online and has received Top Dealer Award from Car Gurus.
Call today for more information
Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness. This listing does not constitute an offer to sell, solicit or make an offer to buy an investment interest. Offers to sell, or the solicitation of offers to buy, any security can only be made through official offering documents, such as a subscription agreement and private placement memorandum.