Sep 19, 2014 — Located 7 miles north of downtown Houston on a busy thoroughfare corner lot is our 1.76 acres of business property. The main source of income is generated by our in-house car sales' financing, which currently holds $633,325. of accounts receivables, and growing.
The Trailer Park generates reliable rental income as well; it is located behind our Dealership, at the back portion of the property. Located on our side-street entrance is a State Inspection Station. The Trailer Park space rentals and State Inspection Station, combined, yield a profit of about $100,000 annually.
The location of this property yields a two percent annual growth; the property, alone, is currently valued at $1,000,000. Because our Car Dealership and Inspection Station are both well established, whomever purchases it will have immediate income from the receivables, established customers, and a location that is accessible and well known, for future prospective buyers. Customer affordability and reputation continue to generate a steady flow of customers who have repeatedly depended on our service since 1977.