Used Automotive Sales

UT

Seller Financing Available
Used Automotive Sales
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Asking Price: Get Financing: $249,000

Cash Flow: $105,000

Gross Revenue: $2,481,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Real Estate: N/A

Established: 2004

Used Automotive Sales

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Business Description

The Company is a regional used vehicle dealership. The types of vehicles offered by the Company include, but are not limited to, passenger cars, trucks, SUVs, vans, motorcycles, recreational vehicles, and others. All vehicles are sourced from leading auto auctions such as Manheim and Adesa. The Company typically stocks in inventory between 35 and 45 vehicles. The Company serves customers throughout Utah (89% of 2017 sales) and other states (11%). The Company operates from a 2,500 square-foot, Company-owned shop and office facility. The real estate can either be leased or purchased from the current owner. All vehicle inventory is parked on a ½-acre car lot on the premises. Sufficient land adjacent to this property exists should the need for physical expansion arise in the future.
Investment Considerations:
• Superior Name and Reputation: The Company has a strong reputation for its focus on customer service, offering in-depth auto industry expertise, and providing high-quality used vehicles at competitive prices.
• Large Database: With a total customer base of 1,058 accounts, the Company’s established customer base is a strong asset that contributes to stability and presents opportunities for revenue growth.
• Management Will Remain through Transition: The principal is willing to stay with the Company post-transaction in order to ensure a seamless transfer of ownership.

Detailed Information

Real Estate:
Owned
Building SF:
N/A
Employees:
3
Financing:
negotiable
Support & Training:
As needed
Reason for Selling:
Pursue other interests
Business Website:
http://ubcutah.com
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Bradley G. Marlor

Business Listed By:
Bradley Marlor

Utah Business Consultants

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