Profile: Used Car Dealership In Highly Sought After Location.
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Ad/Listing Information
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| Financial Information |
Detailed Information |
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| Asking Price: |
$265,000 |
| Down Payment: |
Call |
| Annual Revenue: |
$659,136 |
| Annual Adjusted Net: |
$156,000 |
| Price Range: |
$250,001 to $500,000 |
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| Franchise: |
No |
| Relocatable: |
No |
| Home Based: |
No |
| Real Estate Included: |
No |
| Bkr To Bkr Coop: |
Yes |
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Description:
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Located In The Area’s Most Exclusive New And Used Car Shopping District, This Used Car Dealership's Situation Is Unique In That The City Of Hayward And Surrounding Cities Where Auto Row Borders Have Been And Continuing To Decrease The Footprint Where Used Car Lots Can Operate Due To Rezoning Reasons Mainly. In Certain Areas Of This Auto Row District, Once An Existing Used Car Dealership Closes Its Operations That Location Can No Longer Operate As A Used Car Dealership Without Major Costly Improvements And Costly Delays In Obtaining A Conditional Use Permit From Local Or Regional Governments. Bottom Line Is That This Used Car Dealership Is A Select Minority Of Used Car Dealerships In The Area That Greatly Benefits From These Barriers To Entry.
This Business Is Further Distinguished In That It Is In The Heart Of Hayward’s Auto Row District Next To Where Many Of The Major New Car Dealerships Are Located Such As Toyota, Honda, Volkswagon, Ford, Dodge, Chrysler And Lincoln Mercury Etc.
Calls Have Been Made To Confirm Rumors Of Expansion That Toyota Of Hayward Is Due To Move Their Operations Down The Street And Open Their Flagship Super Store Dealership Across The Street From This Business. This Should Have Big Residual Effects On This Business' Existing Walk Up Business Due To Its Ideal, Unique And Exclusive Location. To Date This Dealership Has Very Little Or No Advertising Invested To Produce The Sales Numbers It Has Already Achieved. Strictly, Word Of Mouth, Craigslist And Walk Up Business Due To Its Ideal Location Has Accounted For The All The Sales To Date.
In Today's Economic Environment, Consumers Are Looking For More Cost Saving Alternatives Due To High Fuel Prices. Used Cars Especially Compact Cars Are One Way Consumers Are Looking To Save. Because Of All The Attributes Surrounding This Business, This Used Car Dealership Is Poised To Take Advantage Of This Current Economic Cycle.
Lot Size: 15,500 Sq. Ft.
Building: 1,316 Sq. Ft.
Call Or Email For A Nda To Access The Business Profile Sheet.
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