Business For Sale Listing 154695
Ford Dealership with Rental Service
Status as of Nov-22-2008 at 05:59 PM: Off The Market
Business Summary
Exclusive Ford Dealership for a large area. Very low overhead as this large facility is rented for only $2,500 a month. Complete and fully equipped service department with all of the special Ford tools and 6-lifts. Experienced factory trained mechanics and complete parts departments bring in a loyal customer base.
This dealership is unique because the owner added a profitable and growing rental and Rent-To-Own automobile/truck business in late 2006. Right now the Rent-To-Own division has 72 vehicles out and under contracts that bring in $125 each in net profits per month.
This area is growing, as the demand and need for this service is high. The present economic environment will only improve the need for the Rent-To-Own business and will more than offset any reduction in new car sales until the situation improves.
The business would benefit from a more aggressive approach to the surrounding area and by more publicity for the Rent-To-Own segment. Located on a busy US highway in a friendly Southern town with a large trading area.
The purchase price includes $245,000 in inventory and $200,000 if FF&E.
Categories
| Industry: |
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| Location: |
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| Other: |
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Industry
Location
Financials
| Sales: |
Between $5 Million And $10 Million (6,499,500) |
| Profits: |
Between $100 Thousand and $500 Thousand (116,749) |
| Profit Type: |
Cash Flow |
| Fiscal Year: |
2007 |
| Asking Price: |
Between $500 Thousand and $1 Million (985,000) |
