Indiana: Profitable Ford & Chrysler Auto Franchise

Not Disclosed, IN

Asking Price: Annual Revenue:
$2,500,000 $16,762,044

Automotive & Boats: Dealerships - Auto, Truck, Motorcycle

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RE: Indiana: Profitable Ford & Chrysler Auto Franchise Broker: Hal Feder

Quick Facts

Asking Price: $2,500,000
Annual Revenue: $16,762,044
Net Profit: Not Disclosed
Cash Flow: $741,720
Total Debt: Not Disclosed
FF&E: $300,000
Real Estate: Not Disclosed
Year Established: 1961
Employees: 28
BBN Listing #: 97234955
Broker Reference #: 2007-14513

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Business Overview:

Important Note: The acquisition of this business requires franchise approval from both Ford Motor Company and Fiat Chrysler Automotive. Character, Operational Capacity (including previous automotive franchise ownership and/or general management experience), Customer Satisfaction and Capital are required approval criteria.

After 5 decades selling and satisfying customers, this well established, successful automotive business is available for sale to the motivated buyer seeking a proven winner. The operation has become a respected hallmark in the community -- well known for having a professional team, offering a wide range of available products and services and taking excellent care of customers.

The business features products from two powerhouse automotive companies, Ford and Fiat Chrysler. The dealership offers nameplates from the Ford, Lincoln, Chrysler, Dodge, Jeep and Ram brands. This incredible line-up of popular vehicles covers the full spectrum of consumer tastes from the Built Ford Tough F-150, the popular Mustang pony car, the luxurious Lincoln Continental, the versatile Chrysler Pacifica, the fun-to-drive Dodge Charger, the legendary Jeep Wrangler and the powerful Hemi-equipped Ram trucks.

During 2018, the business generated over $16.7 million in top line revenues retailing 188 new and 335 used vehicles. The business is the definition of a turn-key operation: 50 year plus legacy, professional management team, loyal, repeat customers, solid profitability, image-compliant facility and six high demand automotive brands.

SPECIAL FINANCING ... this business has been lender pre-qualified and available for special financing. Term sheet is included in marketing materials.

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Property Features and Assets:

The business is located on a major traffic artery featuring local businesses, retail outlets, consumer service stores and eateries. The facility is superb for its location, visibility and accessibility with abundant convenient customer parking and vehicle display/storage. The 24,000 square facility is situated on 7.5 acres acres of land, and includes a 6-car vehicle showroom and service department with 12 service lifts. The facility is image-compliant and the real estate is available for $3,000,000. Alternatively, the seller will entertain a long-term lease for $20,000 per month ($240,000 annually) with triple net lease terms. Assets: $550,000

Market Competition and Expansion:

This market includes competitive new franchise vehicle dealerships, used vehicle dealers and major parts discount stores: Advance. Since 2014, the assigned industry has maintained a steady volume of around 950 annual registrations with trucks/utilities representing 66% of the total volume. While the dealership has demonstrated consistently, stable and sustained profitability for a number of years, there is excellent growth potential when comparing present performance to group average levels. Major opportunities include: 1. New Vehicle Sales Volume and Gross -- both Ford and CDJR 2. Body Shop Sales and Gross 3. Extended Service Plan Volume and Gross

Reason for Selling:

Owner is retiring after 44 years in the auto busin

Additional Details:

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

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