Growing Portland Used Car Dealership

Not Disclosed, OR
Multnomah County


Asking Price: Annual Revenue:
$475,000 $1,021,192

Automotive & Boats: Dealerships - Auto, Truck, Motorcycle


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RE: Growing Portland Used Car Dealership Broker: Michael Morrissey

Quick Facts

Asking Price: $475,000
Annual Revenue: $1,021,192
Net Profit: Not Disclosed
Cash Flow: $83,039
Total Debt: Not Disclosed
FF&E: $40,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 4
BBN Listing #: 19452348
Broker Reference #: 59071-970804

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Business Overview:

This family owned and operated used car dealership has been selling high quality vehicles in Portland for 4 years. This dealership sells a variety of makes and models on its 10,000 square feet lot. The businesses in house mechanic services every vehicle, in its on-site garage, before it makes it onto the lot for sale. The business sells between 12-18 cars per month and has an average inventory of approx. 40 vehicles at any one time. The business sells all different types of makes and models, but is selective in the cars it purchases and sells, with emphasis on dependability and reliability. The business works with multiple banks and lenders to help their customers secure the financing needed to purchase their vehicles. The business also works with a select few warranty and gap services. This business has seen consistent year after year growth since it opened.

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Property Features and Assets:

Opened in 2018, it has been owned and operated by a father and two sons. This business has grown a sterling reputation with a 4.5 star average google review rating. Car Lot with converted office building. 2 bay garage.

Market Competition and Expansion:

The business is located in an area that has several other used car dealerships. An increase of inventory will allow the business to continue to grow at a fast pace. The businesses online sales have grown the business well. More focus on this area has the potential to grow sales even more.

Reason for Selling:

Relocating

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 not a franchise resale opportunity.

Relevant Links:

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