Richard A. Mathurin
Phone: 772-204-2372
Dealer in Preowned Vehicles and Watercraft
- Listing Id: 8747
- Broker Name: Richard A. Mathurin
- Category: Auto Dealerships
- Asking Price: $425,000.00
- EBITDA: $453,314.00
- Real Estate: N/A
- Cash Flow: N/A
- Inventory: $295,159.00
- No. Of Full-Time Employees: 1
- No. Of Part-Time Employees: N/A
- Gross Income: $1,014,645.00
- FF&E: $5,000.00
- Year Built: 2011
- Address: Click Here
- Zip Code: Click Here
- City: Indian River County
- State: FL
- Country: United States
- Tenancy: Single
- Occupancy: N/A
- Lot Size: N/A
- Available: Yes
Description
Company is a select dealer in better-quality pre-owned cars, SUV’s, pickup trucks and watercraft. It is situated on heavily-traveled U. S. Route 1, directly across from a major riverfront commercial and recreational development in one of Florida’s most desirable communities. The company is grandfathered as a used vehicle seller to prevent future competition from entering its market. The offering of the company includes all good and collectible installment notes receivable generated from in-house financing activities. As of the offering date, these notes totaled $425,606.89 and yielded total monthly payments of $18,504.65.
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