Used Car Dealership in Fresno County selling used cars since 1984. The Asking price...  Read More

Used Car Dealership in Fresno County selling used cars since 1984. The Asking price includes the on-going Business.Included are the following: $300,000 Inventory valued at cost; $845,000 Accounts Receivable backed by collateral; andthe Real Property appraised August, 2014 for $435,000. The rental income from space not utilized by the Car Dealershipfor 2014 will total $32,000 (included in the Sellers Discretionary Earnings above). Buyer would need to have in place a Dealers License obtainable from the DMV in order to continue the sale of cars. Upon transition to a new owner theInventory and Accounts Receivable will be reviewed, adjusted, and evaluated at that time. The income has dramaticallyincreased in 2014 with the total income above $893,000 for the year and the net over $137,000.  Read Less