The Company was founded in 1998 by the current owner and his partner and was incorporated in October of 2002 after he bought out his partner in 2000. He has owned the company with his wife for the last 17 years.
The Company has been in the same location in Liberty, Texas since it was established. Their customers include several generations of satisfied customers who keep coming back because of the value and service provided by their dealership.
The Seller is willing to carry a portion of the financing for a Buyer with the right professional qualifications and experience. The owner is including all inventory in the sale and since the Buyer would be receiving the unpaid inventory they would also assume the liability to pay the floor plan carrier at the time each vehicle is sold. For the right buyer, the seller will consider providing “floor plan” services until the buyer is established and has their own program. Also included in the sale of the business are the receivables which are currently valued at $103,000.
The company’s business model is very straight forward. They sell used cars and trucks to customers throughout Liberty County. They also provide in-house financing to customers as well as using institutional lenders to help clients purchase vehicles.
The owner of the company currently owns the real estate upon which the business is located. The buyer of the business would have two options:
Buy a Business, Sell a business, Mergers and Acquisitions, Business Broker, Business Valuation, Business Plans, Houston, Texas, Buy a Company, Sell a Company
(281) 809-7220 - Office
(832) 421-1110 - Mobile/Text
Liberty County - Texas
(281) 809-7220 Houston Office
(832) 421-1110 Mobile/Text
E-fax (310) 347-4290
Copyright Tait & Associates. All Rights Reserved.