$2,500,000
Used Car Dealer
- Status: Available
- Price: $399,000
Babak “BOB” Shamtoub
- License No:
- DRE #02050054
- Email:
- babak@lbaweb.com
- Office:
- 424-542-1402
- Mobile:
- 424-542-1402
Description
Asking Price: $399,000 .00 Plus Inventory estimated $300,000.00
(OPPORTUNITY OPPORTUNITY)
Over 3800 Sf building with second floor on 2 acres lot dealership is for sale next
to the freeway. Property includes 5 offices, one lunchroom, one meeting room. The lot can fit over 120 cars. This dealership Use to be Volkswagen dealership. The current owner is running it for last 6 years. Gross projection claimed by the seller in 2024: $1,500,000.00. Net profit claimed by seller is 10% of the gross. Open 6 days from 10 am to 6 pm. Rent: $16,400 monthly including NNN,(NNN is includes Electric, water, Landscaping, property tax and property insurance) lease expires in 2030, option for new lease for new buyer. The business is growing every day ,the seller is moving to another industry. Since the seller has a lot of experience he is running it by himself.he is willing to stay with the buyer for smooth transaction.
Business Information
Ownership Type:
N/A
Year Established:
Year Purchased:
Business Type:
Automotive
License(s) Required:
Hours of Operation:
11 am-6 pm
Business Relocatable:
No
Business Is A Franchise:
No
Home Based:
No
Broker To Broker CoOp:
No
Office Listing Number:
6495
Date Available:
07/10/2024
Reason For Sale:
Financial Information
- Annual Total:
- 1,500,000
- Revenue:
- Annual Net Income:
- Inventory:
- Monthly Payroll:
Lease Information
- Base Rent:
- 16,400
- Lease Expires:
- Lease Option:
- NNN:
Financing Information
- Down Payment:
- Owner Will Carry:
- Other Finance:
- Terms:
Contact Us
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