Profitable Previously Owned Auto Sales & Financing

Business
  • Listing# : 12733
  • Listed Price : $2,400,000
  • Total Sales : $3,432,678
  • SIC : 5521
  • Down Payment : $360,000
  • Status : Expired
  • Discretionary Earnings : $238,195

Business Type :

Automotive / Auto Used Cars

Business Description :

Murphy Business & Financial Corporation is pleased to present an outstanding opportunity for anyone who wants to be in the car business. This particular engagement focuses on the used car market. However, this business separates itself from the competition by providing financing for their customers. They provide a better inventory of autos, ensure they are in excellent condition and have a no pressure approach. This is a very clean operation. The valuation of this business is based on 4 components: the inventory of cars at cost; the amount of principal and interest owed to seller; the real estate the purchaser will buy; and the cash flow – goodwill portion of the business. A buyer will quickly see how and why they are so profitable. Call me today to gain a closer look at this business opportunity.


Assets/Liabilities:

    • Accounts Receivable $1,043,725
    • Incl : Yes
    • Real Estate $550,000
    • Incl : Yes
    • Inventory $396,985
    • Incl : Yes
    • Liabilities $0
    • Incl :
    • FF&E $31,500
    • Incl : Yes
    • Other: $0
    • Incl :
    • Leasehold $0
    • Incl :
    • Total Assets $2,022,210
    • Incl : Yes

Lender Prequalified: Yes

Similar Listing :

Automotive