Seller's Contact Information
- RE: Profitable Muti-Location Used Car Dealership
- Contact: Dan LeRoy
Quick Facts
Asking Price: | $1,599,000 | |
Annual Revenue: | $5,222,073 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $456,850 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | Not Disclosed | |
Employees: | 9 | |
BBN Listing #: | 255857058 | |
Broker Reference #: | 35715-129970 |
Business Overview:
This established and profitable car sales business is booming in the Southern Utah area. The company provides a great atmosphere and excellent customer service. They offer a variety of vehicles, and their lots are in excellent locations with good visibility that regularly results in sales.
Because of the effective management systems in place, the business runs its daily operations efficiently and the staff knows what is expected. The great reputation of the company results in great word of mouth accelerating repeat customers and with their unique inventory doing nationwide sales. There are two owners, one owner’s preference is staying on moving forward showing the ropes with the new co-ownership. The other is ready to raise his family, sparking a buy/sell partnership opportunity.
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Market Competition and Expansion:
There is competition in the area, but this is a high-volume outfit that stays particularly busy. This company is well -known with a customer list in the thousands. They focus on excellence in customer service and providing quality vehicles to their customer base. Additionally, the dealership is one of the highest-rated in the area with excellent online reviews and community support. The current owners believe there is a high potential to grow this business to the size desired by the new owner. There is plenty of market space for additional growth. The option exists to grow the business by opening new locations to other areas of the state or country via expansion or by offering franchises as the company has been granted Trademark rights.
Reason for Selling:
Other opportunities.
Additional Details:
- The property is Leased.
- 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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