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#72505AG - Pre-Owned “Tote-the-Note Auto/Truck Dealership in High Traffic DFW Location

Business Description:


Pre-owned auto and truck dealership offering "tote-the-note" seller financing. Leased property has high-traffic frontage on two sides that generates consistent walk-in business. Company currently holds ~150 notes with a principal balance of ~$500k and an average APR of 20%. Recent adoption of credit card processing has substantially reduced non-payment on loans and repossessions. Current inventory of ~30 vehicles for sale with average acquisition cost of ~$5,000 and average sale price of ~$8,000. Joint owners plan to retire following sale.


Refer to File #72505AG. Please respond with your name, email/mailing address and telephone/fax no. (s) so we may send a confidentiality agreement.



Listing Price :

Gross Revenue: $829,802

Cash Flow: $93,779

FF&E

EBITDA: $93,779

Real Estate:

Included in Sale:

Primary Business Type: Retail Trade , Motor Vehicle Dealership

Secondary Business Type:

Year Established: 1999

Employees: 4

Support & Training: Negotiable

Reason for Selling:

Office Reference ID: #72505AG

Contact : Charles Harvey

Email: ae@ibectx.com

Phone: 512-310-2966

















Photo: Wrenches Photographer: Geoffrey Gallaway Licenses: Attribution 2.0 Generic

"Texas Real Estate Commission Information About Brokerage Service", "Texas Real Estate Commission Consumer Protection Notice."