Listing ID: 6580

Business Overview

This is a GREAT turn-key PROFITABLE used car lot. Used car dealership with over 60 mostly trucks that average over 20 vehicle sales every month. These used auto investments provide a high rate of return for dollars spent. With the extremely high prices of new cars, used cars are in high demand. This is a very good location and owner is willing to train. Approximately an acre of property giving an opportunity to add additional vehicles. This is an unique opportunity to get into a great new livelihood. Only open 6 days per week. Vehicle inventory is NOT included in price but is available at owners cost. These vehicles were purchased right so new owner would want to take advantage of inventory already available and in place. CONTACT: Rob Sproles 850-341-3863 email: robsproles@msn.com

Financial

  • Asking Price: $299,000
  • Cash Flow: $163,800
  • Gross Revenue: $1,313,000
  • EBITDA: $
  • FF&E: $
  • Inventory: $540,000
  • Inventory Included: N/A
  • Established: 2017

Detailed Information

  • Building Square Footage:800 Sq Ft
  • Furniture, Fixtures and Equipment:$
About The Facility:

Very functional for used auto dealership

Is Support & Training Included:

two weeks as needed without charge

Purpose For Selling:

partnering into new investments

Addition Info

The business was started in 2017, making the business 3 years old.
The transaction shall not include inventory valued at $540,000*, which ins't included in the asking price.

Also, Furniture, fixtures and equipment valued at N/A isn't included in the listing price.
The company has 3 employees and resides in a building with estimated square footage of 800 sq ft.
The building is leased by the business for $1,500 /Month

3 Things to Consider When Researching businesses for sale in Escambia County - Pensacola, Florida

a company is one of the most significant decisions you will certainly make in your lifetime. Selecting sensibly can cause significant economic benefits for you, your loved ones, and your retirement. Nevertheless, in order to make an appropriate decision, you must think about a number of things.|In order to make a proper decision, you need to take into consideration several things.} Below are 3 vital things to think about prior to buying an organisation in Escambia County - Pensacola, Florida.

Why is the Current Owner Selling The Business?

{There are all kinds of reasons individuals choose to sell operating businesses. However, the genuine factor vs the one they tell you might be 2 entirely different things. For instance, they may state "I have way too many other obligations" or "I am retiring". For lots of sellers, these factors stand. But also, for some, these may just be excuses to try to hide the reality of changing demographics, increased competitors, recent decrease in revenues, or a variety of various other reasons. This is why it is very essential that you not depend entirely on a seller's word, yet rather, make use of the seller's solution together with your general due diligence. This will repaint a much more sensible picture of the business's current situation.

Existing Debts and Future Obligations

If the current business is in debt, which numerous companies are, then you will have reason to consider this when valuating/preparing your offer. Many businesses take out loans in order to cover items such as supplies, payroll, accounts payable, so on and so forth. Bear in mind that in some cases this can mean that earnings margins are too small. Many businesses fall under a revolving door of taking loans as a way to pay back various other loans. Along with debts, there may additionally be future commitments to take into consideration. There may be an outstanding lease on tools or the building where the business resides. The business may have existing contracts with suppliers that need to be fulfilled or might lead to penalties if terminated early.

Understand the Customer Base, Competition and Area Demographics

Exactly how do businesses in the Escambia County - Pensacola, Florida location bring in new customers? Most times, businesses have repeat consumers, which develop the core of their everyday revenues. Certain factors such as brand-new competition sprouting up around the location, road building and construction, and personnel turn over can affect repeat customers and also adversely impact future earnings. One important thing to consider is the location of the business. Is it in a very trafficked shopping center, or is it concealed from the main road? Certainly, the more people that see the business regularly, the better the chance to develop a returning client base. A last thought is the general area demographics. Is the business placed in a densely populated city, or is it located on the outskirts of town? Exactly how might the regional typical family earnings influence future income prospects?