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Business For Sale
CAR DEALERSHIP/DALLAS, FORT WORTH TEXAS
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Asking Price: |
$2,200,000
USD USA Dollars
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Business for Sale Industry: |
Auto & Mech: Retail
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Reason for Selling:
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Owner has other business interest to pursue. |
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Year Established:
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2001 |
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# of Employees:
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61 |
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Yearly Revenues:
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$35,000,000 |
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Yearly Cash Flow:
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$1,072,000 |
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Yearly EBITDA:
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$647,000 |
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Yearly Net Profit:
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$287,000 |
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Yearly Gross Income:
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$6,067,000 |
Business for Sale Overview:
This New and pre-owned car dealership founded by the owner more than five years ago, has been operating successfully since its inception. The company’s management has built a strong Company reputation within the Dallas Fort Worth Metro area for quality of service, availability of parts, large selection of inventory (both new and per-owned) and great deals on the sale price. The company’s parts and service department is an asset to the dealership from both a customer satisfaction approval rating and profitability. The company, located on a major highway with very heavy rush hour and non rush hour traffic counts, has excellent visibility from the highway and easy access on and off the freeway. Located just a quarter of a mile away from a major shopping mall, the company is just one of fifteen dealerships located in a ten mile area.
The Company has a low employee turn over rate among its support staff and sales personnel resulting in a well trained and seasoned workforce. Many of the company’s employees are bilingual. The company’s major source of pre-owned inventory which supports the 100 to 130 cars sold each month comes from the wholesale market. New car inventory allocations from the manufacture support a 100 new car sales volume each month. This dealership consistently ranks in the top 25 auto dealerships in the country for new car sales sold per month for the auto manufacturer.
Market Competition and Expansion:
This company is a market leader with significant contracts and excellent long term business base. Owner motivated. A full staff of seasoned professionals makes this a near turn-key acquisition. For right buyer, company has significant opportunity for vertical and horizontal growth.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner is not willing to work for the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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