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RE:  Auto Dealership/Broker Prime Location Contact:  Sheila Hansen

Quick Facts

Asking Price: $389,000
Annual Revenue: $820,537
Net Profit: Not Disclosed
Cash Flow: $200,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 1
BBN Listing #: 945854611
Broker Reference #: 5182-507929

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Business Overview:

Established in 2013, this auto dealership is now for sale. High visibility, prime location with recurring clients who buy clean and reliable used vehicles. The business has name recognition in the community and little to no competition in this particular area of the Smoky Mountains in East Tennessee. Well established pre-owned auto lot with space for 40-60 vehicles on this 1 acre lot in a prime location with high traffic. Includes use of office (free standing stone building structure), car-port, office equipment, some tools, small fixtures and equipment. Everything you need is here to run this turn-key business.

Listing price to include up to $40,000 in inventory, although this can be negotiated. Current marketing is mostly word of mouth, basic website and social media. Potential for expansion, growth and increased revenue through more advanced marketing techniques. Can be set up as a BHPH (buy here pay here), if desired. Owner often carries as many as 30 dealer financed vehicles generating steady monthly revenues at attractive interest rates. For someone familiar to this industry this will be a fantastic buy. There is little to no competition in this area.
Seller desires to lease real estate and sell auto dealership to pursue other projects. If there was an offer made on the real estate property, that price would be around two million. Also owns property next door which shares the office. Contact broker today to learn more about this business.

Established in 2013. One-owner business.

No competition in this particular area due to the fact that this is a tourist area. Most customers are local residents, so this dealership serves a real need in this community.

Do more marketing and Internet sales. Offer recreational vehicles to capitalize on this tourist area.

Car lot is 1.01 acre. Shared office with neighboring lot which seller also owns. May be adding a new building soon.

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Reason for Selling:

Other interests.

Additional Details:

  • The property is Leased.
  • The owner is willing to train/assist the new owner.
  • This is not homebased business opportunity.
  • This is not a franchise resale opportunity

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