Asking Price: $295,000

Gross Revenue: $1,707,940

Gross Revenue Comments: 2007 Actual

Cash Flow: $121,653

Cash Flow Comments: 2007 Actual SDE

Real Estate: $1,500,000 (Not Included in Asking Price)

Seller Financing: Negotiable. Will entertain all reasonable offers.

Car lover's heaven! Classic and collectible vehicle dealership. Established since 1982, family owned and operated. The business has a great selection of reasonably priced classic cars and a very loyal clientele. Approx 9,400sq.ft of indoor showroom in a free standing building (building can be purchased for $1,500,000). Great website with online showroom to service their worldwide clientele

Year Established: 1982

Employees: 2 full time - 1 part time

Facilities: Approx. 9,400 sq. ft. free standing showroom building. Building can be purchased for $1.5M in addition to the price of the business. If business alone is purchased, NNN rent will be $.075/sf or $7050/month.

Market Outlook and Competition: The collector car hobby is one of the largest and most popular hobbies in the world. The international has exploded with the weak U.S. dollar. Classic cars have become more and more a part of popular culture and are usually seen in advertising, movies and television. This has brought a new and younger demographic to the market. The classic and collectible car market has been on a strong upswing in recent years. Classic and collectible cars are now well regarded as legitimate investment vehicles. The baby boomer generation is now in a position to spend on recapturing its youth. With the weakening US dollar, foreign investors are finding these cars to be a real bargain and a significant portion of the business is selling cars to overseas buyers.There are no local competitors buying, selling and consigning collector cars at our level. The only close competitor is The Auto Collections at the Imperial Palace. While they stock upwards of 250 cars, their entry-level price is in the area of $40,000 and up. Most other similar dealers are also high end and primarily focus on exotics. Other car dealerships in town may have some classic vehicles in their inventory but with such small collection could not really be regarded as competition. There are only a few other qualified automobile appraisers in Las Vegas. Few have an office or regular business hours.

Management Training and Support: 90 days included.

Reason For Selling: Retirement.