2018 Revenue: $4,373,693
2018 Operating Profit: $138,661
For sale is a well-known late model car dealership. The location is highly visible and on one of the busiest intersections. The eight employees include a general manager who oversees day-to-day operations. The owner’s confidence in the management team 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 increasing the demand for pre-owned vehicles.
Seller financing available for qualified buyer.
Employees: 8+ full-time employees
Facilities:The facility and property are adequate for the current business; however, will also allow for substantial expansion.
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 for pre-owned vehicles in this coastal city.
About the Sale:
Support and Training: Will be provided by the seller and the general manager.
Reason Selling: To spend more time with his family and retirement.