Used Auto Sales

Not Disclosed, IL
Cook County

Asking Price: Annual Revenue:
$1,750,000 $5,548,766

Automotive & Boats: Dealerships - Auto, Truck, Motorcycle

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RE: Used Auto Sales Broker: Terry Flanagan
Owner Financing is Available!
$1,575,000 down/$175,000 for 36 months @ 7%

Quick Facts

Asking Price: $1,750,000
Annual Revenue: $5,548,766
Net Profit: Not Disclosed
Cash Flow: $254,405
Total Debt: Not Disclosed
FF&E: $259,996
Real Estate: Not Disclosed
Year Established: 2004
Employees: 5
BBN Listing #: 5984955
Broker Reference #: 4202-15381

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Business Overview:

Used automobile dealership selling, servicing and renting vehicles to customers. The company also sells extended warranties in partnership with a warranty company.

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Property Features and Assets:

New building built in 2009 consisting of 6,500 square feet of usable indoor space. Car lot is on the property. The location is along a major city thoroughfare with excellent exposure to passing traffic. High traffic count of over 45,000 vehicles per day. Dealership in only about a mile from the Expressway-294. Metra train station is just a few blocks away. Assets= $1,319,884

Market Competition and Expansion:

Sales of used automobiles is a highly competitive industry. Carmax, Carvana and New Car Dealer Franchises are immediate competitors. Increase inventory and service department. New opportunity with Turo for rental vehicles. Excellent growth potential with multiple auto sales, warranty sales and auto rental revenue streams.

Reason for Selling:

Seller is focusing on new business venture.

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.

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