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  • RE:  Established Independent Used Automobile Dealership
  • Contact:  Jeff Lefebvre

Quick Facts

Asking Price: $1,595,000
Annual Revenue: $10,432,464
Net Profit: Not Disclosed
Cash Flow: $517,723
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 6
BBN Listing #: 1016913
Broker Reference #: 15764

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Business Overview:

An established independent used automobile dealership serving Central Massachusetts is available for acquisition due to the owner’s planned retirement. The Company has operated successfully for more than four decades and has developed a strong local reputation, experienced and long-tenured personnel, established customer relationships, and a proven operating platform.

The EBITDA presented is adjusted EBITDA and reflects normalization of owner and family compensation, including an estimated market-rate replacement cost for the owner’s executive and management responsibilities. Detailed financial information and the supporting recast will be made available to qualified prospective purchasers following execution of a confidentiality agreement.

Opportunity Highlights

• More than four decades of operating history
• Established presence in the Central Massachusetts market
• Highly visible location within an established retail corridor
• Substantial vehicle display and parking capacity
• On-site vehicle service, inspection, and reconditioning capabilities
• Class II Repair license and related operating permits
• Broad selection of quality pre-owned automobiles, SUVs, and light trucks
• Customer financing assistance and trade-in capabilities
• Experienced sales, credentialed service, finance, and administrative personnel
• Flexibility to source and retail domestic and foreign vehicle brands
• Established operating infrastructure suitable for continuity under new ownership

Revenue $10,432,464
EBITDA $355,000
SDE $517,723
Asking Price $1,595,000
Vehicle Inventory Approx. $2,000,000 — purchased separately

Contact the Seller:

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button (above Quick Facts) and when you are done searching and have made all your selections, simply click on the REQUEST FREE INFO button at the bottom of this page.

Property Features and Assets:

Assets: The facility includes four offices, three bathrooms, a kitchenette, and an on-site service area. The building and at least one bathroom are represented as handicapped accessible. The lot accommodates approximately 50 cars, SUVs, and trucks. Fully equipped including 4 lifts.

Reason for Selling:

Retirement. Kindly ask the seller for more information.

Additional Details:

  • The property is owned.
  • This is not homebased business opportunity.
  • This is not a franchise resale opportunity

Documents:

Relevant Links:

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