Used Auto Sales Business In Jacksonville For Sale

Business description

Located in NE Florida, this wonderful "Buy here, Pay here" used auto sales business has been serving their community since 1995. They have become the largest independent dealer in the area. Buy here and pay here is the business model, but many cars are sold for cash in the conventional way. The owner takes home nearly $200,000 annually for the sales of used cars and also takes home an additional $500,000+ from the notes he carries financing the cars; this totals over $700,000 owner’s cash flow annually! This is a great opportunity for any lucky buyer; whether they decide to purchase the “buy here” side of the company or the entire opportunity including the “pay here” side. This very profitable business averages 35+ cars sold per month! Call today!
This owner operated, used car business has no specific local competition and a great growth history. The business model provides an above average return on investment for a lucky new owner. They offer financing on site and great customer satisfaction as well. The owner picks the cars out himself; the company offers quality cars, ensuring this with safety and service inspections before they are put out on the lot. Take advantage of this incredible listing and help the current owner with his dream of retiring.
Products and Services Offered
This business is 28% used car sales, 72% financing car sales.

Property information

Real Estate:

Lease

Premises details:

2 buildings, 1 newly-constructed 3 years ago, landscaped, with substantial frontage on the main highway. Property may be leased, acquired or optioned from the business owner.

Other information

Expansion potential:

Adding a sales staff and acquiring adjacent property would help with expansion and growth. Increasing the car rental business would be an additional profit center for the business.

Competition / Market:

There is some competition. The customers are brought in using three popular methods, most commonly the weekly newspaper; the business advertises every week in the newspaper. Also, they have a great referral rate from very happy customers. Finally the have 2 websites, one general the other for special offers. The customers choose this business for many reasons, one of them being the only "Buy here, Pay here" in the area. They have a great reputation for only offering Quality vehicles, which is why they offer warranties on the vehicles.

Support & training:

Owner will stay for a reasonable transition to acclimate new owner to area, customers and business. Available for consultation thereafter

Reasons for selling:

Retire

Trading hours:

Days: Monday - Saturday
Hours: 9:00am - 6:00,
Saturday 9:00am - 3:00pm

Owner financing:

Owner financing is available. Please contact the seller for more information.

Financing available:

Financing Negotiable

Furniture / Fixtures value:

$30,000 (included in the asking price)

Inventory / Stock value:

$200,000