Used Car Dealership - Multiple Revenue Streams

Not Disclosed, IA

Midwest


Asking Price: Annual Revenue:
Not Disclosed $6,470,048

Automotive & Boats: Dealerships - Auto, Truck, Motorcycle


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RE: Used Car Dealership - Multiple Revenue Streams Broker: Pat Steffl

Quick Facts

Asking Price: Not Disclosed
Annual Revenue: $6,470,048
Net Profit: Not Disclosed
Cash Flow: $1,461,865
Total Debt: Not Disclosed
FF&E: $100,000
Real Estate: Not Disclosed
Year Established: 2000
Employees: 14
BBN Listing #: 36414955
Broker Reference #: 5101-17593

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Business Overview:

Well established, multiple revenue stream, used car dealership specializing in credit challenged customers. There are $10 million of Accounts Receivable included in the sale.

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Property Features and Assets:

The business operates from a modern building with a shop and offices and a generous lot for inventory. Assets = $10,709,227

Market Competition and Expansion:

Limited competition in the region offering the same products and services. Business has grown annually and 2022 was the highest revenue year ever. Expansion of the service area.

Reason for Selling:

Retirement.

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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