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Business For Sale
FORD/CHRYSLER DEALERSHIP - TN
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Asking Price: |
$660000
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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Retirement |
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# of Employees:
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19 |
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Yearly Revenues:
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$9,600,000 |
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Yearly Cash Flow:
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$150,000 |
Business for Sale Overview:
Outstanding opportunity to acquire a FORD/CHRYSLER dealership located in a small SE Tennessee city within 20 miles of a major metropolitan area. This dealership is in Truck Country with the No. 1 Truck in America. The store has stable financial statements showing break-even profits and positive Seller’s Cash Flow. The dealership is located in a strong agricultural based economy (very good for truck sales). The dealership has averages 14 new and 20 used sales per month for the past three years. Absorption rate is 365%. Manufacturer certified dealership with a history of strong Owner’s Cash Flow. Seller has multiple dealerships and is selling to retire. Great opportunity!
Property Features and Assets:
Facilities are leased and a new agreement is required for the building on a US Hwy leading into the metro area. Lease is $ 5,000 / month.
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 a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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