Used Car Dealership, Selling 100 Vehicles Annually

Not Disclosed, TN


Asking Price: Annual Revenue:
$350,000 $450,000

Automotive & Boats: Dealerships - Auto, Truck, Motorcycle


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RE: Used Car Dealership, Selling 100 Vehicles Annually Broker: Jeff Cunningham

Quick Facts

Asking Price: $350,000
Annual Revenue: $450,000
Net Profit: Not Disclosed
Cash Flow: $126,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 2
BBN Listing #: 153058549
Broker Reference #: 94356-605598

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Business Overview:

Well established midsize Used Car lot in business for 17 years. The lot includes a repair shop as well as a painting bay currently being leased out monthly covering ONE THIRD of the total rent. Over 100k in inventory included in the asking price. The lot is located in a great location and encompasses a wide variety of zoning options which would allow for salvage/scrap work if desired. Around 100 units are being sold annually without a dedicated sales team. Current marketing is mostly word of mouth with only basic internet penetration allowing for plenty of opportunities for growth and increased revenue through more advanced marketing techniques. Owner has over 30 dealer financed vehicles generating steady monthly revenues at attractive interest rates. For someone familiar to this industry this will be a fantastic buy at the current asking price of 350k. ANNUAL NET BENEFIT TO OWNER 126K.

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Reason for Selling:

Relocating

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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