Auto Dealership for Sale

Asking Price:N/A

Cash Flow:$186,000

Gross Revenue:$10,430,000

EBITDA:N/A

FF&E:$820,000

Inventory:$2,294,000

Real Estate:N/A

Established:1969

Business Description

The Company is an automotive dealership located in the Central U.S. region providing an attractive mix of Chevrolet and used vehicles to its customers. Represented by General Motors, the Company has differentiated itself as a preeminent dealership in the region. Since inception, the Company has cultivated extensive personal contacts in the market which has been the primary driver of their successful growth. As a business with established operations and regional reputation, they are well positioned to maintain consistent performance in an active market.

NOTE: ***THIS IS A COMING SOON LISTING***

What is a Coming Soon Listing?
A coming soon listing is one that we have a listing agreement with a Seller, but have not completed or received all of the Seller information that we require from a Seller (due diligence list) for the online data room. However, we have prepared a Teaser that contains basic information on the listing. After receiving your signed NDA, you will be sent a Teaser on the business. Once we have completed our due diligence list, you will be notified that additional information is available.

Detailed Information

Inventory: Included in asking price
Real Estate: Owned
Building SF: 19,500
Employees: 13
Furniture, Fixtures, & Equipment (FF&E): Included in asking price
Facilities: 19,500 sq ft building that runs the operations on a 88,400 sq ft lot to hold vehicle inventory. Management indicates the Company’s location draws in new and recurring customers through passing customers.
Competition: 51 Years in Operation. 19,500 square foot Building. 70% Repeat Buyers. Exclusive Dealership Location. Strong Management Team. 13 Seasoned Employees. 1000+ Clients.
Growth & Expansion: Expand Financial Services. Diversify Dealership Brands to Broaden Horizon & Attract More Customers. Invest in Online Advertising & Adopt Digital Retail.
Support & Training: Management would remain in place to continue running the Company after a transfer in ownership.
Reason for Selling: The current Owners would like to begin planning for retirement.

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