Listing Number: 24876-370609
Description
**Real Estate available for outright purchase for $375,000**
-Conveniently located in Southern Louisiana, with easy access to major routes and cities.
-Option to purchase Real Estate outright for $375,000 or lease for $2200/mo
-Started in 2012 by father and son--Obtained dealer's license and initially sold vehicles through Facebook and Craigslist.
-Moved to a commercial lot and built a brand new office building in 2014
-Introduced "Rent to Own" or "Rent with the Option to Purchase" in 2019, boosting the bottom line and efficiency.
-Currently only advertises on their website but can use avenues such as CarGurus or AutoTrader to increase visibility.
-Niche is geared to those who want a vehicle for under $10,000
-Thrived even during challenging times like the COVID-19 pandemic, inflation, and inventory shortages.
-Maintained a strong customer base without spending on advertising in the past three years.
-Cost Efficiency: Decreasing inventory costs, allowing for increased sales.
-The facility has a paved and asphalted lot and commercial lighting.
-Increased hours and larger inventory can significantly enhance profitability for the new owner.
Listing Details
- Price: $ 225,000
- Down Payment: $225,000
- Sellers Discretionary Earnings: $ 100,000
- Total Sales: $ 515,817
- Location: Ascension Parish, Louisiana
- Inventory: $ 0
- FF&E: $ 0
- Employees:
- Reason for Selling: Retirement
- Category: Automotive
