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Auto Dealer For Sale - Used Cars

11/wk
Chicagoland, Illinois, United States
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Asking Price$459,000
Revenue$10,056,236 Established2005
Cash Flow$405,959 Employees12 full-time
FF&E$30,000* FranchiseNo
Inventory$550,000 RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
NO BANK FINANCING NEEDED. Owner offering a unique opportunity on this sale. $150k Down Payment, Owner will finance balance on a fixed rate term loan to a well qualified buyer. Must have previous auto experience and great references plus excellent credit. This offer is not going to last long. Current owner selling for health reasons.
This is a well established, well run operation in one of the top ten most populated cities in Illinois. We are a family owned business with a staff of 12. We specialize in prime and subprime used car sales, and maintain high margins. We have an excellent online presence and an outstanding reputation.
The lot holds up to 70 cars and owner will lease property to buyer with 2 yr lease agreements with multiple renewal options for fair market rate.
Seller Financing:SBA Financing Available for Qualified Buyer
Sale Reason:Retirement
Ad #93964
Seller Reference #CHICAIL003-N1018
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Contact This Seller
Tony Schiappa
(773) 243-1603
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