Description
**Real Estate available for outright purchase for $375,000** -Conveniently located in Southern Louisiana, with easy access to major routes and cities. -Option to purchase Real Estate outright for $375,000 or lease for $2200/mo -Started in 2012 by father and son--Obtained dealer's license and initially sold vehicles through Facebook and Craigslist. -Moved to a commercial lot and built a brand new office building in 2014 -Introduced "Rent to Own" or "Rent with the Option to Purchase" in 2019, boosting the bottom line and efficiency. -Currently only advertises on their website but can use avenues such as CarGurus or AutoTrader to increase visibility. -Niche is geared to those who want a vehicle for under $10,000 -Thrived even during challenging times like the COVID-19 pandemic, inflation, and inventory shortages. -Maintained a strong customer base without spending on advertising in the past three years. -Cost Efficiency: Decreasing inventory costs, allowing for increased sales. -The facility has a paved and asphalted lot and commercial lighting. -Increased hours and larger inventory can significantly enhance profitability for the new owner.
Listing Details
- Listing Number: 24876-370609
- Location: Ascension Parish, Louisiana
- Price: 225,000.00
- Down Payment: 225,000.00
- Sellers Discretionary Earnings: 100,000.00
- Category: Automotive
- Inventory: 0.00
- FF&E: 0.00
- Employees:
- Years Owned:
- Reason for Selling: Retirement
Business Listed By:
- Trey Langus
- Phone: (251) 656-2100
- Email: tlangus@tworld.com