Successful used car dealership located on iconic South State Road 7, where the region's most famous car dealerships operate. The dealership sells an average of 55 vehicles per month. Each car comes with a free CARFAX report for the buyer. It has 5 different lines of credit from 5 specialized financial institutions, for up to $1,700,000. It holds all current operating licenses. The 49.635-square-foot lot has space for 120 vehicles. The administrative workers and the 10 vendors are willing to remain with the new owners. The company could be eligible to support U.S. visa procedures. The owner would be willing to sell half of the business and seal a strategic alliance with the buyer. The business has been prequalified by the Small Business Administration (SBA) to be financed in 10 years.
West Park, FL, 33012
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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