Location! Location! Location!
Business Price: $1,840,000
2017 Revenue: $7,209,087
2017 Operating Profit: $255,635
Summary Description: For sale is a well-known and reputable late owned car dealership with real estate. The location is in a highly visible area on one of the busiest intersections. The real estate is approximately one acre in size and is zoned for heavy commercial / light industrial use.
The Company employs eight staff. There is a general manager that oversees day-to-day operations. The owner’s confidence in the leadership staff allows him the opportunity to be away from the Business weeks at a time.
Growth is expected to continue. According to industry experts, the new tariffs will likely cause new car prices to rise in turn increasing the demand for pre-owned vehicles.
Employees: 8+ full time employees
Facilities: The Seller owns the property, featuring a 6,000 square foot building. The facility and property are adequate for the current workload and can accommodate expansion easily. This property is included in the business sales price of $1,840,000.
Inventory: Not included in asking price.
Growth and Expansion: Expanding the number of vehicles will aid in growth. The improving economy is accelerating the sales among pre-owned vehicles.
About the Sale:
Support and Training: Will be provided by the seller.
Reason Selling: To spend more time with his family and to focus on another business endeavor.
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