Description

This dealership has attained the formula for success in its niche market of offering the highest quality used vehicles to credit challenged consumers. When customers are turned down from the surrounding lots they come to this dealership where approval is all but guaranteed. This dealerships uniquely truncated customer qualification process makes car buying fun and easy. With this streamlined sales process one salesman can and does handle the traffic it would take 3 employees to handle at any other dealership. The business is run semi-absentee with the owner working 10 hours a week 10 months out of the year. You can continue this relaxed manner of ownership or hit the ground running and immediately drive up profits by performing tasks outsourced by current owner, such as buying inventory at auction. Opportunity for growth is tremendous, current profits are held back because owner sells off loans at a significant discount to fund inventory purchases. If you have the deeper pockets needed to hold your own paper, boost profits by HUNDREDS of THOUSANDS WITHOUT increasing sales or cutting costs ONE DOLLAR!!! Profits can also be raised by at least $250,000 in the first year by adding an in-house service and detailing department rather than outsourcing these services.

Financial Summary

N/A