Car Dealership Business-only in Mobile, AL! Sales over $50,000 Monthly! - Business for Sale
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Car Dealership with In-House Financing in Mobile, AL
Mobile, AL, US
Added 16 days ago
Automotive & Boat Dealership with Financing and Inventory
Retiring Owner
Car dealership in Mobile, AL specializing in vehicle sales and in-house financing, with approximately 200 active financing accounts and an onsite mechanic.
Key Information
Asking
$499K
Revenue
$600K
Earnings
$150K
Multiple
3.3x
Key Highlights
- Business generates income from both car sales and financing, with approximately 200 accounts each collecting $250 to $275 per month at a 24.95% interest rate.
- Monthly sales from accounts exceed $50,000.
- Rent is $1,500 NNN per month with a 15-year lease available; seller owns the property and will become the landlord.
- Seller is the only person working the business other than an onsite mechanic.
Contact Info
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