Business Overview:
Opportunity to acquire a profitable automotive dealership that has been established for close to 15 years!
The dealership generated well over $5,000,000 in sales last year (cash basis accounting) with 360+ cars sold. This year the dealership is on track to do even better!
Business can keep growing even more! Owner spends very little on advertising currently, and gives very little attention to the mechanic service part of the business.
The dealership is in a great location, with frontage off a main road in Metro Atlanta with over 25,000+ cars driving by per day.
It is a 16,000+ square feet building on 3 acres+ with Showroom, Offices, Auto Service Area, and parking for 300+ vehicles.
Most of the inventory is composed of luxury cars such as Maserati, Mercedes-Benz, BMW, Range Rover and Jaguar, but also includes many other popular brands.
Terms of Accounts Receivable notes are usually short and require a high down payment. A/R is currently at $2,976,000. A//R is not included in asking price.
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Reason for Selling:
2 retiring
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
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