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  • RE:  High Traffic Used Car Dealership
  • Contact:  Calder Capital
Owner Financing is Available!
Limited Seller-Financing Available for Qualified Buyers.

Quick Facts

Asking Price: $0
Annual Revenue: $3,525,609
Net Profit: Not Disclosed
Cash Flow: $177,898
Total Debt: Not Disclosed
FF&E: $163,098
Real Estate: $1,650,000
Year Established: 1963
Employees: 11
BBN Listing #: 948068
Broker Reference #: 259

Email or Print Listing

Business Overview:

Located in theLakeshore Community in West Michigan, the Company is a premier usedcar dealership offering a wide selection of pre-owned vehicles, collector cars,and a dedicated automotive services division. With a rich history spanning muchof the 20th century, the Company has garnered extensive experience, enabling itto adeptly navigate any challenges it faces.

The Companydistinguishes itself from the competition by providing a range of vehicles,from everyday used cars to vintage classics. This is complemented by effectivebusiness processes, a strong online presence, and a proprietary customerdatabase. Additionally, the Company's long-standing relationships withsuppliers and compliance track record form a solid foundation for continuedbusiness growth and expansion.

The current ownershipoperates out of two facilities: the main facility, which houses the servicedepartment, offices, and dealership, and a secondary facility primarily usedfor storage. As the owner prepares for retirement, he has developed a successionplan to ensure a smooth transition of leadership. Committed to the Company'scontinued success and growth, the owner is willing to stay on part time for afew years post-closing. Ownership is seeking a buyer who can lead the Companyinto its next phase of growth and continue its legacy in Michigan.

Alongwith being ideal for car dealerships, the facility would also be a primelocation for a full-service auto repair center or a powersports dealership.[NB1] 

Buyers willbe required to have a minimum of $500,000, solid credit, and preferablyindustry experience to qualify for financing.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

The Company currently operates out of two facilities on the same lot. Total: 24,412 square feet.Facility 1: 18,012 square feet / Facility 2: 6,400 square feet.

Market Competition and Expansion:

Investment Highlights Include:

1.      Seamless Online Platform

2.      Diverse Customer Base

3.      Robust Business Software and Processes

Growth Opportunities Include:

1.      Product Expansion

2.      Service Department Buildup

3.      Tapping in New Markets

Reason for Selling:

Ownership is pursuing retirement.

Additional Details:

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


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