Turnkey Pre-owned Automotive Sales and Service , Real estate included

IN

Turnkey Pre-owned Automotive Sales and Service , Real estate included
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Asking Price: $2,100,000

Cash Flow: $362,111

Gross Revenue: $1,012,644

EBITDA: $250,000

FF&E: $150,000

Inventory: $1,300,000*

Real Estate: $1,850,000

Established: 1987

*not included in asking price.

Turnkey Pre-owned Automotive Sales and Service , Real estate included

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Business Description

Established retail business in prime location

This is a great opportunity for an aggressive, experienced car dealer. The business has long term employees, over 500 regular service customers, an average of 300+ auto sales per year, and an average of 50 motorcycle sales per year.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
11,000
Employees:
16
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
1.92 Acres, 250 feet of frontage, 300 feet deep, three entrances, two block and steel buildings, two- car showrooms(three cars and 40 plus motorcycles), seven service bays, two vehicle display rack, and digital sign. Shop equipment: six lifts, alignment rack,motorcycles/ATV lift, tire changer, balancer, two brake lathes(one on-car brake lathe), two compressors, 4 scan tools(one is less than a year old),and other various tools. Office equipment: thirteen desktop computers, one lap top, several desks, several file cabinets, safe, cash register, and more.
Competition:
This business is in a prime location in a densely populated area. It is located on a main state road with a high traffic count which gives strong exposure. It is close to main state highways which gives travel easy for customers. This location has many established businesses around it along with several other car dealerships. The other dealerships include fully franchised dealerships and around six other used car dealerships. We sell and service motorcycles which is a rare thing to find in the area.
Growth & Expansion:
There is an opportunity to add additional products such as a franchise company to create new vehicle/motorcycle sales. There is also an opportunity to add a body shop or detail service to bring in new service customers.
Financing:
Buyer has to obtain their own financing,some assistance possible.
Support & Training:
We will stay there for three to six months full time to help them transition. We will provide additional time as needed.
Reason for Selling:
Retiring
Franchise:
This business is an established franchise
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Business Listed By:
Not Disclosed

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