Successful PA Ford Dealership For Sale

Business Overview:

After decades of selling and satisfying customers, this established, successful automotive business is offered for sale to the motivated buyer seeking a proven winner. The operation has become a hallmark in the community and is well-known for delivering a unique, customer-driven experience. It's a simple success formula: this dealership has been committed to giving drivers from across the NE Pennsylvania Region the best in customer service, with a top-notch selection of brand-new vehicles to choose from, as well as an extensive inventory of pre-owned crossover, SUV and trucks ... all delivered with a passion for customer satisfaction. The business features products from one of the most iconic and popular global brands, the Ford Motor Company. This incredible line-up of best-selling vehicles covers the full spectrum of consumer tastes from the Built Ford Tough F-Series pick-ups, the popular Mustang pony car, the class-leading Explorer SUV, and the off-road Bronco. Over the last 2 years, the business has averaged over $13 million in top-line revenue and generated an adjusted average annual cash flow of $450,000.

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Property Features and Assets:

The business is located at the intersection of two major state traffic arteries and situated a short distance from a large and growing metropolitan population base.  The facility is well positioned for visibility and accessibility with abundant convenient customer parking and vehicle display/storage. The facility resides on a large parcel of land and includes a generous showroom, business offices, customer lounge, parts department, and full-service department. The real estate is offered for $1,560,000 (appraised value in Spring 2022). 

Assets = $2,035,000

Market Competition and Expansion:

The local market only includes used vehicle dealers and a NAPA parts discount store.  Over the last 12 months, the new vehicle industry in the market was over 450 vehicles with the Ford brand capturing a 20.3% market share.  Given the proximity to large metro market, the used vehicle market potential offers unlimited sales and profit opportunity.

While the dealership has demonstrated consistent, stable, and sustained profitability for many years, there is excellent growth potential when comparing present performance to group average levels.  Major opportunities include:
1.  Used Truck Sales Volume and Gross 
2.  Body Shop Sales and Gross
3.  Extended Service Plan Volume and Gross 
4.  Finance and Insurance Income 
5.  Service Gross / Service Absorption

Reason for Selling:

Looking to sell and re-invest in another Ford store closer to his family.

Additional Details:

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