ENGLEWOOD, Colorado
| Asking Price |
$0 |
Year Established |
2024 |
|
| Annual Revenue |
$2,123,707 |
Reason for Selling |
Other business interests. |
|
| Annual P/L |
$0 |
Attention |
Rick Carlson |
|
| Annual Cash Flow |
$164,863 |
Listing Number |
1011106 |
|
| # of Employees |
2 |
Business Category |
Automotive & Boats: Dealerships - Auto, Truck, Motorcycle |
|
Business Overview:
Our client is a small independent used car dealership located in the South Denver Metro Area, Colorado, that has built a reputation for integrity, transparency, and reliability in a market where buyers have come to expect the opposite. The Company sources only the kinds of cars its owners would put their own family in, fully reconditions and details every vehicle, and operates on a streamlined, low-pressure sales process. Customers are typically driving away in their new vehicle in under two hours from when they walk in the door. The result is a steady stream of five-star reviews, return customers, and word-of-mouth referrals that anchor the Company's growth.
The Company operates a destination-store model. Inventory is sourced primarily from private parties and trade-ins, vetted for clean title, and stored inside a clean, secure facility — fully reconditioned and ready for test drives. CARFAX reports are proudly displayed; cars are priced to market data; no dealer handling fees are added; no "pack" expenses are baked into reconditioning. Customers come from several states to purchase from the Company's uniquely well-sourced inventory.
The Company has built a disciplined cost structure that supports healthy per-vehicle margins. Reconditioning is fully outsourced to a network of trusted local vendors, with average reconditioning cost (including detail) of approximately $950 per vehicle. The Company has secured a $400,000 line of credit at a low interest rate with NextGear, but operates with almost no debt most of the time as the majority of vehicles are purchased outright with cash. Financing is offered to customers through three banks, with strong bank ratings yielding favorable rates and lower dealer fees on submitted deals. The DMS (Dealer Management System) is comprehensive, fully compliant, and supports electronic titling — running the entire dealership and website for under $700 per month.
Acquisition would entail taking over the Company's dealer license, vendor agreements and relationships, processes, CRM with a base of happy customers and good relationships, and whatever unsold inventory remains at the time of sale. The location is near several major roads and easily accessible by public transit, supporting the destination-store model.
The Seller has other business interests and is looking for the right buyer to take what has been built and grow it to the next level. Confidentiality is a concern for the Seller as he seeks just the right buyer, and so the specific city, exact ZIP, and name of the Business will be shared once a qualified Buyer prospect is vetted. The location and ZIP shown above reflect the broader market area, not the specific operating location of the Business.
NDA is required to secure a comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners.
Property Features and Assets:
<p>Facilities: Clean, secure indoor storage facility well-located near several major roads and easily accessible by public transit. Manageable rent and utilities.<br></p>
Market Competition and Expansion:
<p>Competition: Plentiful in the broader used-car market. Few operate the boutique, transparency-first, destination-store model with the Company's reconditioning discipline and customer experience.<br><br>Growth & Expansion: Add limited-selection auction inventory to supplement private-party sourcing. Expand banking relationships for broader financing options. Geographic or volume expansion supported by current operating model.<br></p>
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