INVESTOR/ PARTNER OPPORTUNITY AUTOMOTIVE


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Description

KIA is one of the fastest growing, most desirable Automotive Franchises today. This Dealership was established in 2000. Currently operating as LLC with 2 partners, one of which is looking to sell his 50% of company. $8,218,886.00 in total sales through June ending 2010. Approximately $750,000 in verifiable good existing receivables. Assigned Market Area spans from south of Jackson MS to Hammond LA on the I-55 coridor. Internal customer base of approximately 20,000+ previous sales and service customers.
Remaining partner will be an on-premise General Manager as is currently and living in the area.
Remaining partner is current approved Dealer Principal.
Total investment needed should be no more than $700,000.00 which would include "buy-out" of a partner and replacement of his capital. Net potential of $500,000+ annually based on previous income not just speculation.
Investor may have to qualify for Francise approval depending on structure of investment. Real Estate available additionally as well as Franchise. Real Estate is valued at $1,500,000 and is mortgaged for much less.
Additional information available upon request.
601-214-1912 to discuss


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