New Business For Sale: Car Dealer - Used, Prime LA Beach Area Location
Home / Blog / New Business For Sale: Car Dealer - Used, Prime LA Beach Area Location
The Biz Blog
May 10, 2018 by Eric Mellem
Eric Mellem just launched a new listing: Car Dealer - Used, Prime LA Beach Area Location
Car Dealer - Used, Prime LA Beach Area Location
Asking: $175,000 • Gross: $1,200,000 • Net: $140,000Well Established Used Car Lot in a Prime Location in Los Angeles - blocks to the beach.
This car dealer has been operating in Los Angeles since 2002 and has been at the current location from 2011. This location have been a used car lot continuously for 50 years and is well known in the area as a car lot. Excellent, high visibility location on one of the areas busiest streets in a very high income, beach community.
They focus on quality used cars at an affordable price range with financing options available for all credit ratings. The lot of 5,500 sq. ft. can accommodate about 20 vehicles and with annual sales of $1,200,000+ they quickly turn over their inventory.
This is a simple business to own and operate or run it as a semi-absentee owner with only 1-2 employees. All repairs are contracted out nearby. The current owners will train a buyer how to operate the business upon transfer, but it is recommended a new owner has a basic automobile background.
Contact me for more information: Eric Mellem, Business Broker at (310) 293-6414 or emellem@bizex.net. For faster response, please complete the Buyer Registration including a Non-Disclosure Agreement at www.bizex.net.
Eric Mellem
Email: emellem@bizex.net
Office: (310) 882-2200 ext 146
Blog: https://www.bizex.net/blog
Web: https://www.bizex.net/business-broker-ma-advisor/eric-mellem
Businesses for Sale