Highly Profitable Used Auto Dealership in Las Vegas

This listing presents a highly profitable and established online used auto dealership located in Central Las Vegas. With 25 years of operating history, the business has consistently provided substantial profits, exceeding $200,000 per year. The asking price of $209,000 is significantly under 1x Seller's Discretionary Earnings (SDE), representing an excellent value. The business boasts a gross revenue of $4,522,246 and a Total Adjusted Net Income of $248,138. The current owners are willing to stay on and provide training to ensure a smooth transition for a new owner. The location is described as fantastic and growing, offering a prime opportunity for continued growth. A key recommendation for increasing annual profit is the introduction of a 'buy here pay here' financing option. The business operates from a leased space of 5457 sq ft with a monthly rent of $5,150, with the lease expiring in May 2019. It currently employs 1 full-time employee. The reason for selling is the owner's relocation out of state.