Long-Established Car Dealership in TC Metro Area

Not Disclosed, MI


Asking Price: Annual Revenue:
$150,000 $4,000,000

Automotive & Boats: Dealerships - Auto, Truck, Motorcycle


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RE: Long-Established Car Dealership in TC Metro Area Broker: Chris Lappen or Duane Johnson

Quick Facts

Asking Price: $150,000
Annual Revenue: $4,000,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $50,000
Real Estate: $550,000
Year Established: 1984
Employees: 4
BBN Listing #: 156028483
Broker Reference #: 11342 DJ CL

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Business Overview:

Family-owned car dealership located on major highway in NW Twin Cities Metro. The business has been at the current location for over 25 years and has been in business for over 37 years. The lot can accommodate up to 100 cars. There is also a showroom and 4 bays (3 service and 1 car wash bay), located in a 3,600 square feet building with plenty of room to expand. Annual Revenues exceed $4MM. The business and real estate are priced attractively at $700,000, or the business may be purchased separately for $150,000 (does NOT include inventory). Real estate may be purchased separately for $550,000 or may also be leased. For more information, please contact Christopher Lappen or Duane Johnson.

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Reason for Selling:

Retirement

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.

Relevant Links:

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