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Business For Sale
AUTOMOTIVE SALES & SERVICE DEALERSHIP IN HAWAII
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Asking Price: |
$1,960,000
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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Retirement. |
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Year Established:
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2001 |
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Yearly Revenues:
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$2,702,000 |
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Yearly Cash Flow:
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$400,000 |
Business for Sale Overview:
This is a rare opportunity to own an established Automotive Dealership on the Big Island of Hawaii. Customer service focus has built a loyal following of repeat customers for both Sales & Service. Long Term Lease available in very desirable retail area. Excellent drive by traffic, and consistent sales volumes. Vehicle sales along with business office, accessory and warranty programs make this business very lucrative and difficult to duplicate. Very strong Seller Discretionary Earnings and little competition, along with substantial internal profits. The Owner is very confident in this business, and is offering to extend a promissory note to a qualified buyer of up to $460,000, meaning with just $1,500,000 you can own a business that generates over $2,000,000 in yearly revenue, which 50% is high margin Service Repair Facility driven.
The Service Labor and Parts Business continue to grow as UIO have increased maintenance along with warranty revenue. Labor rate offers owner excellent margin and quality mechanics are prepared to stay on. Presently no evenings & Sundays, therefore immediate increase in sales could result in extended hours of operation.
Extensive training and support is available on all aspects of the business. The owner provides comprehensive, proven and highly professional marketing, advertising, public relations and sales programs, and a strong website initiative.
DEALERSHIPS RARELY become available in Hawaii, and…and this business acquisition opportunity is one to take a serious look at. The cash flow and net profit will provide the opportunity to pay down seller financing note very quickly.
Contact us to complete the prospective buyer Non Disclosure Agreement and we will send you a Confidential Business Profile for your review!
Check out www.vrhi.com for all our business for sale listings, many not on independent web sites such as this. VR is the #1 business broker in Hawaii.
Market Competition and Expansion:
Non Compete of 3 years.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner may be 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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