Car Dealership

For Sale 300,000 Service

2018 Revenue: $4,373,693

2018 Operating Profit: $138,661

Summary Description

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.

General Information

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.

Further information

Market Outlook
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.

For further information, a confidentiality disclosure agreement is required. Please contact us for an agreement at info@gibsonandassociatesinc.com or 850-432-0808.