89060-CW Used Car Dealership For Sale in Chesapeake, VA.

Chesapeake, VA (Chesapeake City County)

89060-CW Used Car Dealership For Sale in Chesapeake, VA.
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Asking Price: Get Financing: $249,900

Cash Flow: $102,000

Gross Revenue: $934,538

EBITDA: N/A

FF&E: $5,000

Inventory: $250,000*

Lease Rate: $2,650 /Month

Established: 2014

*not included in asking price.

89060-CW Used Car Dealership For Sale in Chesapeake, VA.

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Business Description

This business is ready for the right buyer. The business, which includes training, office equipment, access to great vender relationships, will not last long.

This business has exceptional unit of economics and buying power, which keeps your overhead costs low. If you are looking to get into the automotive industry, this is definitely a opportunity that you should inquire about.

Highly profitable automotive dealership with 40-45 vehicle capacity, This used vehicle dealer has evolved into a unique business model which currently targets their geographical market demographics with stable income locally.

You can park about 18 to 20 cars front of office unit / street view and 20 to 25 cars at the back of the office unit.

*Dealership has EXCELLENT track record,
* High Traffic area,
* Great revenue and with profit.

*Note: Inventory NOT included.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
1,000
Lease Expiration:
N/A
Employees:
1
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The business is located in a high traffic location, close to a major highway. It is a turn key business with staff and inventory in place.
Competition:
Plenty of competition around. However seller's business model has made this dealer very profitable. Opportunity to not only increase the dealer sales, but also to start another income stream and offer automotive and B.H.P.H and related services.
Growth & Expansion:
This business has a good unit of economics and buying power, which keeps your overhead costs low. If you are looking to get into the automotive industry, this is definitely a opportunity that you should inquire about
Support & Training:
2 weeks
Reason for Selling:
relocating
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Cobus van der Watt

Business Listed By:
Cobus van der Watt

Transworld Business Advisors of Richmond VA

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Sponsoring Broker:
Transworld Business Advisors CEO, Rupesh Bharad

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