Retail - Automotive Dealers

Asking Price	$1,200,000	Inventory	$750,000**
Gross Income	$5m	Real Estate	$550,000*
Cash Flow	$300,000	Year Established	1972
FF&E	-*	Employees	12

* included in the asking price

** not included in the asking price

This business is a very successful and profitable, independent, used car dealership. While the business is capable of selling all vehicle types to both consumer or business client le, it specializes in selling late model domestic and import automobiles to a consumer market having less than perfect credit scores. The business is well-known, in the same high-profile location for over 20 years, has established a reputation for offering lower prices, superior customer service and easy access to financing relative to other auto dealers in the market - as a result, it enjoys a high level of customer referrals & repeat business. The business is stable, relatively predictable and has not been as prone to economic downswings as many other dealerships. This offering which includes real estate worth almost half of the asking price and cash flow approaching $500K should be especially attractive since the owner desires to remain with the buyer indefinitely to offer continuity, long term consulting and advice and complete training on critical keys to success. This business should be attractive to an individual investor, to someone already familiar with the used auto market and especially to a new car dealer. Seller would entertain a reduced price for the business only with a lease back of the real estate.

Facilities: Excellent, high traffic location / turn-key sale; everything to remain in place

Competition: Competition exists, but this company has several characteristics which offer a strong advantage. Some of these include: well known & established over 30 years in business / location has little to no competitors in the immediate area / a thorough understanding of the changing wants and needs of its target customer and the ability to meet them less expensively than others.

Growth/Expansion: The business has succeeded well doing the same thing for over 30 years. Yet there remains room for market, revenue and cash flow growth for a buyer with an aggressive outlook. The Seller will delineate his ideas and assist in the implementation of these if the buyer chooses to have him remain with the business.

Support/Training: Owner willing to remain for an extended period if needed to train in all aspect of the business operation. Owner would also enjoy remaining indefinitely in a lessor capacity to insure that the critical elements making him successful, remain intact.

Reason Selling: Retirment Planning - Staged Exit Strategy