$5MM In Revenues: Profitable Used Vehicle Business

Litchfield County, CT

$5MM In Revenues: Profitable Used Vehicle Business
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Asking Price: $325,000

Cash Flow: $163,955

Gross Revenue: $4,757,516

EBITDA: N/A

FF&E: $14,000

Inventory: N/A

Established: 2013

$5MM In Revenues: Profitable Used Vehicle Business

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Business Description

Great location, great reputation and great business model: This full service used vehicle dealership consistently generates $5mm per year in revenues.
This well-respected, long-time Used Vehicle business generates $5mm revenues. Real Estate available for lease or purchase. Specializes in trucks and commercial vehicles and offers a full array of high-end cars and SUVs.
Lot inventory not included.
Excellent books and records. Business pre-qualified for Lender financing.

Detailed Information

Location:
Litchfield County, CT
Employees:
8 FT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Two entrances, well-situated at the crossroads of three high volume routes. Real Estate available for lease ($6,000/mo NNN) or purchase. 2,650 sq ft, four-bay commercial building with lot that fits 50 vehicles.
Growth & Expansion:
New owner/operator could keep existing business model and market niche or bring his own.
Financing:
Lender pre-screened with $65k down.
Support & Training:
Will train for 4 weeks @ $0 cost. At this location since 1986, this business specializes in trucks from light duty to heavy duty commercial and offers a nice variety of SUV's, economy cars, and full size luxury sedans. Excellent relationship with finance entities offering rates as low as 2.99%. Most vehicles come with 60-day, 3000 mile warranty, but extended warranties are available.
Reason for Selling:
Owners moved out of state.
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Alan Zinser

Business Listed By:
Alan Zinser

Murphy Business & Financial Corporation

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