Auto Dealership /$4 Million Sales/ $164,000 EBITDA

Monroe County, IL

Auto Dealership /$4 Million Sales/ $164,000 EBITDA

Asking Price:$428,000

Cash Flow:$164,000

Gross Revenue:$3,351,000

EBITDA:$164,000

FF&E:$32,000

Inventory:$368,000*

Real Estate:$264,000

Established:2000

*not included in asking price.

Auto Dealership /$4 Million Sales/ $164,000 EBITDA

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Business Description

You get it all when you purchase this business. The trust and faith earned by the business over the years remains intact because the Owner wants to stay on doing what he really enjoys doing. So the face of the business remains unchanged, and sales go up immediately because the owner is now devoting 100% of his time to sales. The current Owner six figure income insures you do well from day one, and the future promises to be very bright, indeed!.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Owned
Included in asking price
Building Sq. Ft.:
2,934
Employees:
5
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
1) Busy highway frontage location; 2) Paved lot can hold 30-40 plus cars; 3) Attractive, large Offices; 4) Shop Buildings for Service, Repair, and Detailing;
Competition:
The business has shown steady growth, and sales through September 2016 exceed sales for the entire previous year. Based in a small town, the business has, through the years, earned a great reputation and draws repeat customers from a substantial regional customer base. Big City Customer Loyalty cannot compare to Small Town Customer Loyalty where people know the Owner and employees on a first name basis and trust them to be honest and fair and stand behind their deals.
Growth & Expansion:
The owner currently spends approximately 25% of his time selling cars and the rest managing the business which includes attending car auctions and administrative activities which take him away from the office and selling. The Owner really enjoys selling and is an excellent salesmen who has earned the faith and trust of the community for many years. He will devote 100 % of his time selling cars, after the business is sold, which will result in an immediate huge sales bump.
Financing:
NA
Support & Training:
Owner wants to stay on as a Salesman and will provide ongoing training and support.
Reason for Selling:
Owner wants to Sell Cars, not manage.

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Dennis Forsythe

Business Listed By:
Dennis Forsythe

St. Louis Business Brokers

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