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Lake Norman NC Area

  • Listing No.: 203-20250

  • Category: Auto

Asking Price $275,000
Down Payment
Gross Revenue $1,826,510
Total Adjusted Net Income $134,993
Equipment / Fixtures $3,500
Year Established 2005
General Location Lake Norman NC Area
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Used car dealership located in the heart of one of the fastest growing and sought-after locations in the southeast and United States serving the Charlotte / Lake Norman area.Charlotte / Lake Norman is:- The home of NASCAR- The home of the Carolina Panthers- Beautiful Lake Norman is a very sought-after place to live and raise a familyThe owner of this 15-year-old well established business is ready to retire. The business is located on one of the busiest and most desired highways that services the Lake Norman and surrounding region. The owner will sell land and building separately or lease for $4,000 per month.The owner states that this is an outstanding opportunity for a local similar business that wants to expand or an entrepreneur moving to the area looking for a well-established business that has a sustained record of profitability offering the buyer an exceptional lifestyle business in a growing location.

Gross Revenue $1,826,510 Listed Price $275,000
Total Income $134,993 Down Payment
Base Rent Square Feet 1800
Total Rent Lease Expiration
Rent Deposit Lease Options
Inventory Not Included Leasehold Improvements $4,000
Equipment / Fixtures $3,500 Other Assets
Full-Time Employees Training Period 3 Weeks
Part-Time Employees Special License Required Registration/License with the NC DOT / City Business License
Contract Staff 1 Reason for Selling Retirement from full time auto sales

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

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