Established Owner-Operated Car Dealership – Inventory Included!

Well established and highly profitable car dealership for sale in central Texas. Business has been profitable every year since it was established in 2013. Business sells ~15 units per month and keeps ~30 units in inventory, but the location can fit up to 40-45 units. Current owner-operator is organized, has set processes and procedures, and will support the new owner for a transition period. Dealership is Buy Here Pay Here (BHPH), and new owner could continue with this model or utilize 3rd party financing. Business is flexible. Two banks have already run the financials and ready to work with buyer on SBA loan. • Easy transition – transition to new owner with little experience can start getting new customers on day 1, no licenses needed. Since this is a Buy Here Pay Here business, new owner can also receive interest payments from previous sales on day 1 (instant cash flow!). • Loyalty and reputation – business has many repeat customers and very positive online reviews. • Large customer base – business sells to many customers from surrounding cities of Kyle, New Braunfels, and San Marcos as well as the Austin and San Antonio metro areas. This area has seen huge population growth and that will only continue! • Unique sector – most other dealerships sell higher priced units; this business has a unique niche for units in this price range. Plus, few other dealerships offer the pay here option. • Huge growth opportunities – new owner could add staff, add inventory, increase hours, expand into untapped markets, and profit from the increasing population and demand of the area. Location: Hays County, Texas Year Established: 2013 Number of Employees: 3 Real Estate: Owned Building Sq. Ft.: 960 Facilities: Facilities include garage, shop (currently used for storage), and office space. Inventory included in asking price (inventory value includes both auto inventory and notes receivable) Market Outlook/ Competition: Highly visible location in a high traffic location! Business receives customers from many surrounding cities, including both Austin and San Antonio. No similar businesses nearby and no additional permits to be given nearby. Growth & Expansion: Current owner has maintained profitability with limited staff, and there is space at this location to store more inventory. Significant upside opportunity to expand by adding staff, increasing inventory, and/or putting in additional hours. The current owner has been conservative with loan amounts; new owner could expand to increase profitability. New owner could work with banks to offer more financing options. New owner could also tap into markets the current owner has not worked. Demand is expected to increase as the population continues to boom.