Auto Lot With In House Financing
This well-established pre-owned auto dealership has been operating under the same ownership for more than 25 years! Located in a high-traffic area, the business has built a loyal customer base by offering affordable vehicles and flexible in-house financing options for buyers of all credit backgrounds. Approximately 25% of the dealership's revenue comes from auto financing, creating a reliable stream of recurring income. The recent addition of an in-house mechanic presents a strong opportunity to reduce third-party repair and reconditioning costs, improving margins going forward. This is a turnkey operation with solid cash flow, a long-standing reputation in the community, and potential for growth under new ownership. For more information please contact Chris Shocklee or Kim Wright at Fusion Business Brokers.
Employees
9
Real Estate
Real Property Included
Management Type
This business is owner operated.
Years Established
26
Support & Training
Owner will train buyer 20 hours per week for four weeks. Owner is also willing to continue to do auto buying at auctions on a part-time basis for agreed upon compensation.
Inventory / Stock Value
$400,000 - included in the asking price
Reason for Selling
Seller is focusing on other businesses.
Financials
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