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30+ Year Established Dealership/Auto Repair

#26905
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Jeannette026-FINAL 4 LIGHT GRAY

Jeannette Engel
Union Bay Group
(206) 783-1717

Business Overview

Business Description

Did you drive your own vehicle to work this morning? Have a passion for cars & trucks? Did you make that dreadful commute in a vehicle you dislike? Want to be a solution for others with the same issue? If you answered yes to any of these, peek at this locally owned and operated Auto-Dealership that has been in successful operation for over thirty years! The location of this property allows your inventory to be seen by many, giving you advertising from the start!



This sale includes business, Real Estate, and FF&E. This used auto dealership has consistent, outstanding revenue. The business currently holds accounts receivable of $772,000 in 263 car notes that will be included in the sale of the business. With vehicles being sold daily, that number is sure to increase! Inventory on the lot is carefully selected and inspecting by the in-house mechanic before being offered for sale. The reputation of this dealership in second to none in the surrounding areas. The Real Estate is an intuitively laid out 2,707 square feet. The main building houses a spacious main office, clean and inviting waiting area, two small offices, shared restroom, and two garages. There is a garage directly connected to the main building and a separate garage detached from the main building to allow larger vehicles ease of access.



FF&E includes functional desks, executive office chairs, tables, up to date computers, commercial printer, intelligent phone system, two full size auto lifts, an industrial air compressor with hoses, several eco-friendly heaters for the garages as well as water coolers, new TVs, and misc. furnishings and office supplies. This is a TURN-KEY business opportunity that you need for your business portfolio!

Listing Details

  • SIC

    55

  • Price

    $1,455,000

  • Downpayment

    N/A

  • Adjusted Net

    $144,915

  • Annual Sales

    $700,000

  • Area

    Southwest (OK, AR, LA, TX)

Relocatable

Home Based

Franchise

Lender Pre-Qualified

  • A/R

    N/A

  • Inventory

    N/A

  • FF&E

    $31,445

  • Leasehold

    N/A

  • Vehicles

    N/A

  • Real Estate

    $598,000

  • Other Assets

    N/A

  • Total Assets

    N/A

  • Included

    N/A

  • Current Liabilities

    N/A

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