Used Auto Lot(2 locs) w/ Serv Dept Classic Car Spe

Not Disclosed, NY

Western NY

Asking Price: Annual Revenue:
$9,000,000 $11,894,000

Automotive & Boats: Auto & Truck Repair & Service

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RE: Used Auto Lot(2 locs) w/ Serv Dept Classic Car Spe Broker: Michael Farruggia

Quick Facts

Asking Price: $9,000,000
Annual Revenue: $11,894,000
Net Profit: Not Disclosed
Cash Flow: $1,575,970
Total Debt: Not Disclosed
FF&E: $200,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 12
BBN Listing #: 710926891
Broker Reference #: Not Disclosed

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Business Overview:

We are offering a well-run, turnkey car dealership. This is a multi-generational, long-established, used car selling organization with a service department. Two locations. The year-over-year profits are amazing. Both locations have high visibility and traffic. The management team will stay in place to continue the success and legacy of the business with any new owner or merger. Our goal is to enable current Senior Management to cultivate key facets of the business and broaden the advancement of its current and future associates through acquisition or merger. The current owner wants to see the company’s legacy continue after his exit. The owner will stay as negotiated to ensure this.

The new owner must demonstrate the ability to grow the organization by leveraging the relationships, loyal customer base, and LONG TIME reputation of this company. They have been established for over 50 years.

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Additional Details:

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

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