Agents or brockers welcome %
Business Description
Automotive business payback 1- year
IN HEART OF CITY OF BOCA RATON, PALM BEACH, FLORIDA
BY OWNER
LICENSED INDEPENDENT USED MOTORCYCLES AND CARS/MOTORCYCLES/BOATS/JET SKI/RVs/GOLF CART DEALER FOR SALE.
Business included: Warehouse 5500 sq f, Huge parking in front (around 6000 sq f, 6 assigned spaces by the city.) also 10 more free city parking spaces, apx. 1000 sq f backyard. Inside: Two offices (apx.400 and 150 sq f) Two Bathrooms with Den. High celling 12', Door H 10'x W 16'
LOCATION IS CENTER OF LUXURIES BOCA RATON CITY, 5 MINUTES FROM OCEAN and boat ramp , TOWN CENTER . LOT OF FOOT TRAFFIC ON A BUSY MAIN ROAD. COMPANY ALSO HAS AN INDEPENDENT SERVICE AND RECONDITIONING SHOP (ALL SHOP EQUIPMENT INCLUDED IN SALE). STRONG BUSINESS, ESTABLISH OVER 15 YEARS AGO WITH ADEQUATE CASH FLOW. COMPANY IS COMPLETELY TURN KEY AND WILL PROVIDE INSTANT CASH FLOW FOR NEW OWNER. RELATIONSHIPS WITH 10 BANKS, INCLUDING OPTIONS FOR PRIME (CREDIT UNIONS), SUBPRIME, AND DEEP SUBPRIME CREDIT.

2021 GROSS - $1,178, 000
2022 GROSS - $1,579,563 (+489K NET PROFIT)
2023 GROSS - $1,237,761 (+289K NET PROFIT)

OWNER BENEFIT NEARLY $500K ANNUALLY. PERFECT FOR AN NOT FLORIDA OWNER-OPERATOR WHO WANTS TO JUMP RIGHT INTO A STRONG CASH FLOW BUSINESS, HAVE A LOT OF QUALITY UNITS READY TO SELL - AND ALL THE REAL ESTATE AND PEOPLE IN PLACE. ALSO PLENTY OF ROOM TO HIRE A QUALITY GM AND LET THE BUSINESS RUN ITSELF.

SALE IS FOR BUSINESS ONLY, REAL ESTATE NOT INCLUDED. 3 YEARS REMAINING INITIAL LEASE TERM WITH 2 ADDITIONAL 5 YEAR OPTIONS (12 TOTAL YEARS). OWNER WILL HELP WITH TRANSITION FOR UP TO 3 MONTHS, TERMS TO BE NEGOTIATED. NEW OWNER CAN ASSUME CURRENT FLOOR PLAN (W.A.C.) TO ACQUIRE INVENTORY WITH MINIMAL OUT OF POCKET EXPENSE.