Used Vehicle Dealership

Mid West

Used Vehicle Dealership
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Asking Price: Get Financing: N/A

Cash Flow: N/A

Gross Revenue: $11,800,000

EBITDA: $674,000

FF&E: N/A

Inventory: N/A

Established: N/A

Used Vehicle Dealership

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Business Description

The Company is a regional used vehicle dealership, and targets
regional retail sector customers. It also provides maintenance and
financing solutions. Overall, the Company operates through three
major internal profit centers: auto sales (90% of 2017 revenue),
service (8%), and finance fees (2%). Due to its long-term presence in
the industry, the Company sells approximately 55 to 80 units on a
monthly basis; the inventory typically includes 140 to 180 vehicles.

The majority of revenue is generated from customers located within a
15-mile radius of the Company’s headquarters. It maintains a
database of approximately 4,000 to 5,000 customers; this established
customer base is a strong asset that contributes to stability, and
presents opportunities for revenue growth.

The facility comprises approximately 15,000 square feet, is utilized for
office, maintenance, and other purposes, can accommodate higher
revenues without major facility improvements or capital equipment
expenditures, and is currently staffed by 15 full-time personnel.

Detailed Information

Competition:
* 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 as well as complementary repair solutions. * Diversified Customer Base: No single customer accounted for more than 1% of revenue during the historical period. The diversified customer base helps ensure that the Company will not be significantly impacted by the loss of a single account. * Qualifications: The Company’s structure, lot capacity, market expertise, regional brand name recognition, and management systems are designed to provide clients with interdisciplinary automotive solutions. Vehicle prices range from under $10,000 to $25,000.
Financing:
Negotiable
Support & Training:
As needed
Reason for Selling:
Pursue other interests
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Doug Smith

Business Listed By:
Doug Smith

Generational Equity, LLC

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Sponsoring Broker:
Lisa Lippe


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