Overview

  • Automotive & Transportation
  • Listing Industries
  • 1500000
  • Annual Revenue

Address

  • County Ventura
  • State/county California
  • Country United States

Description

Asking Price: $399,000 .00 Plus Inventory estimated $300,000.00
(OPPORTUNITY OPPORTUNITY)

Over 3800 Sf building with second floor on 2 acres lot dealership is for sale next
to the freeway. Property includes 5 offices, one lunchroom, one meeting room. The lot can fit over 120 cars. This dealership Use to be Volkswagen dealership. The current owner is running it for last 6 years. Gross projection claimed by the seller in 2024: $1,500,000.00. Net profit claimed by seller is 10% of the gross. Open 6 days from 10 am to 6 pm. Rent: $16,400 monthly including NNN,(NNN is includes Electric, water, Landscaping, property tax and property insurance) lease expires in 2030, option for new lease for new buyer. The business is growing every day ,the seller is moving to another industry. Since the seller has a lot of experience he is running it by himself. he is willing to stay with the buyer for smooth transaction.

Details

Updated on July 22, 2024 at 11:24 pm
  • Price: $399,000
  • Listing Type: Business for Sale
  • Annual Revenue: 1500000
  • Base Rent: 16400

Additional details

  • Hours of Operation: 11 am-6 pm
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