Pre-Owned Auto Lot With In-House Financing for Sale!
Pre-Owned Auto Lot With In-House Financing for Sale!
Listing ID: 1322KWCS
Location: Metro St. Louis
Industry: Automotive Related
Price: $3,500,000
Pre-Owned Auto Lot With In-House Financing for Sale!
Broker summary:This well-established pre-owned auto dealership has been operating under the same ownership for more than 25 years! Includes over $1M in built-in recurring Receivables from in-house financing and $300K in auto Inventory. 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. Additional 5000+ sq.ft. building available for expansion.
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 at 314-709-2538 or cshocklee@fusionadvantage.com or Kim Wright at 636-614-9975 or kwright@fusionadvantage.com. Please reference listing ID 1322KWCS.
Average Gross Sales: $5,334,647
Average Cash Flow: $772,700
FF&E Value: $21,000
Estimated Inventory (not included in sale price): $300,000
Own/Lease: Own
Square Footage: 5000
Building Comments:
Office is approx 2000 s.ft. Repair and clean-up building is approx 3000 s.ft. Entire property is approx 1 acre.
