Listing Number: 0101-978949
Description
Located at a traffic light in a very highly visible location with about 54,500 cars passing daily according to the FDOT. There is substantial repeat business due to the unique way of doing business. This is a Buy Here Pay Here lot. The seller does all the financing and will be willing to finance for the new owner if requested. The lot comes with or without inventory. The sales price will be reduced by the inventory value if sold without the inventory. This business has been owned by the same owner for 22 years, and has been in the same location in Fort Lauderdale for 11 years. the used car lot can be built up to be a large re-curing income business just by copying present owners formula.
Listing Details
- Price: $ 325,000
- Down Payment: $200,000
- Sellers Discretionary Earnings: $ 150,000
- Total Sales: $ 1,800,000
- Location: Broward County, Florida
- Inventory: $ 150,000
- FF&E: $ 10,000
- Employees:
- Year Established: 22
- Reason for Selling: Retirement
- Category: Automotive
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