Hot Listing
Used Car Lot Including Auto Inventory, Notes Payable, and Real Estate
Business Description
Proven Used Car Dealership in Used Car Mecca
Well regarded used car dealership with loyal customer base. The business presents a strong foundation for growth. The business comes with real estate valued at approximately $600,000, promissory notes valued at up to $200,000 and used car inventory currently valued at $150,000. The business showed negative income in 2024 because the owner wrote down depleted inventory that has been on the books for years due to the impending sale. This business can get as large as you want it to. The more cars you carry and sale, the bigger the monthly annuity gets from the growing promissory note payments. The owner is willing to train the new owner in all facets of the business.
About the Business
- Years in Operation
- 26
- Number of Employees
- 1
- Facilities & Assets
- Lot Dimensions & Layout: The property spans approximately 1/2 to 3/4 acre, with dimensions of 150 ft. wide x 300 deep, offering ample space for vehicle display, customer parking, and secured storage.
Office and Admin. Space: Includes a 30 ft. x 30 ft. airconditioned office with one bathroom, 3 desks, 3 chairs, and 2 computers set up for immediate administrative operations. Secure Vehicle Storage Area. - Market Outlook / Competition
- The used car market in the Dallas area is massive. This company can grow exponentially to the extent you add additional inventory and additional personnel to manage the business. The owner has a proven growth model that will work for any owner that has the capital to scale the business.
- Opportunities for Growth
- Add more cars and grow the business substantially right where it is.
Real Estate
- Owned or Leased
- Owned
- Included in asking price
About the Sale
- Seller Motivation
- The owner is older and wants to retire.
- Transition Support
- Owner Transition Assistance: The owner will support the buyer with training and onboarding to ensure a smooth operational handover
Employee Continuity: Key employee is willing to remain post sale, offering continuity in sales, mechanical work, and contract handling. - Financing Options
- n/a
Listing Info
- ID
- 2371587
- Listing Views
- 1044
Listing ID: 2371587 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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