Car Dealership Business-only in Mobile, AL - Business for Sale
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Car Dealership with In-House Financing in Mobile, AL
Mobile, AL, US
Added 1 year ago
Automotive & Boat
Absentee / Semi-Absentee
Car dealership in Mobile, AL generates income from car sales and in-house financing, operating from a 2,500 SF building on a 0.45-acre corner lot.
Key Information
Asking
$550K
Revenue
$600K
Earnings
–
Multiple
–
Key Highlights
- Car dealership located in Mobile, AL
- Inventory estimated at $100,000 at cost
- Approximately 190 active financing accounts, each collecting $250 to $275 per month at a 24.95% interest rate
- Average monthly sales are $50,000
- 47 of 49 cars sold in the last 3 months of 2024 were financed, generating over $72,000 in down payments
- Seller and one mechanic are the only employees
- Main building is 2,500 square feet on 0.45 acres
- New HVAC installed in 2024 and electrical panel replaced in 2019
Contact Info
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