Listing Number: 7101-355273
Description
Financial Statement and passing the Florida Dealers License test is required. Down Payment REQUIRED is $100k unborrowed funds.
15 year old Used Car business including vehicle Inventory, AR and CRE in beautiful small town west of Jacksonvillle, Florida. Presently, business is run fully absentee with a manager who collects the car payments and oversees all daily operations. This business needs a friendly salesperson or an owner-operator to buy from auction and sell vehicles . Accounts Receivables and all non-personal vehicles on the lot ARE INCLUDED (Currently $6,000 income per month and 75k of used Car, SUV, and Truck inventory)!! The owner stopped working in the business a few years ago, and has one employee/manager running the biz with 2 helpers. There is no marketing or salesperson currently, but everything is in place and all the potential is here if you have what it takes to buy and sell vehicles.
Listing Details
- Price: $ 500,000
- Down Payment: $100,000
- Sellers Discretionary Earnings: $ 110,071
- Total Sales: $ 334,470
- Location: Baker County, Florida
- Inventory: $ 75,000
- FF&E: $ 10,000
- Employees: 3
- Year Established: 2010
- Reason for Selling: Other Interests
- Category: Automotive
