Multi-Location Used Car Dealership - Midwest

Not Disclosed, NA


Asking Price: Annual Revenue:
Not Disclosed $67,218,598

Automotive & Boats: Dealerships - Auto, Truck, Motorcycle

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RE: Multi-Location Used Car Dealership - Midwest Broker: Calder Capital
Owner Financing is Available!
Limited Seller-Financing Available for Qualified Buyers.

Quick Facts

Asking Price: Not Disclosed
Annual Revenue: $67,218,598
Net Profit: Not Disclosed
Cash Flow: $4,024,215
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 65
BBN Listing #: 444345079
Broker Reference #: 181

Email or Print Listing

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Business Overview:

Headquartered in the Midwest, Project Cruise is a multi-location used car dealership that deploys a differentiated approach where it focuses on the quality of its inventory and generates long-term customer satisfaction. The Company has built a positive reputation in the community by purchasing late model domestic vehicles and making significant investments in the reconditioning of each vehicle. In turn, Cruise can generate above average profit margins on each sale.

The owners are nearing retirement age and desire to divest from the Business but are willing to assist new ownership for the next 3-5 years. The owners are inclined to continue in their current operational roles, allowing new ownership to focus on long-term strategic planning and attacking growth opportunities.

Thank you for reading this overview. The extent of the information that we are publicly permitted to reveal about this opportunity is contained in this overview. Please submit your contact information in the provided form. We have automated the processing of NDAs and sending of information for speed and efficiency. You will be sent a link to our online NDA. IF YOU DO NOT RECEIVE THE NDA LINK, PLEASE CHECK YOUR JUNK MAIL. If the email cannot be found, please email us.

Once we receive your NDA and answers to some basic questions, the Confidential Information Memorandum (CIM) will be sent to you by the project manager.

IF YOU DO NOT RECEIVE A FOLLOW-UP EMAIL AFTER YOU SUBMIT YOUR NDA, PLEASE CHECK YOUR JUNK MAIL FIRST. If you do not see the email there, please email us for support. Thank you in advance!

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Property Features and Assets:

The facilities include 55,026 square feet on 9.96 acres of land across multiple locations. The facilities are owned by the Company and comprise sales offices, service centers, detailing centers, showrooms, business development offices, corporate offices, and undeveloped land.

Market Competition and Expansion:

Investment Highlights Include: 1. Focus on Quality Inventory 2. Lucrative Sales Structure 3. Online Platform 4. Marketing and Community Involvement Growth Opportunities Include: 1. Geographic Expansion 2. Additional Revenue Streams 3. Enhance Online Buying Platform 4. Maximize Current Facilities Utilization

Reason for Selling:

Ownership would like to pursue 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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