New & Used Car Lot

| Asking Price: | $950,000 | Inventory: | $612,448 ++ |
| Gross Revenue: | $3,794,669 | Real Estate: | n/a |
| Cash Flow: | $309,241 | FF&E: | $50,000 ++ |
| ++ included in the asking price ** not included in the asking price | |||
This single point GM dealership is situated in two counties and neither has a new car dealership in their respected county seats. The interstate runs through town and statistics show there are 22,800 vehicles travel by each day with approximately 7,000 exiting at this communities exit. Many local residents commute approximately 35 miles to the next larger city to work each day, these are consumers needing dependable transportation. Gross sales volume has been between 4 million and as high as 7 million. Average number of new vehicles sold; 50 per year and has been as many as 100, with 175 to 200 used vehicle sales annually. Long term key personnel in strategic positions add to the value of this dealership. There are many pluses for purchasing this dealership with incentives to help pay for the purchase including:
• Warranty rate increase of $10-$15
• More bonus cash certificates; 10-15 more
• More clout with finance companies
• More product on hand
• More used product to choose from using other Midwest stores to locate
• Major interstate exposure
• Rental truck and service/repair of same including body work
• Motor home service and repair including body work.
This is a fantastic opportunity to enjoy the rewards of this turn key operation as you reach for and touch the stars. Call today for all the details.
• Warranty rate increase of $10-$15
• More bonus cash certificates; 10-15 more
• More clout with finance companies
• More product on hand
• More used product to choose from using other Midwest stores to locate
• Major interstate exposure
• Rental truck and service/repair of same including body work
• Motor home service and repair including body work.
This is a fantastic opportunity to enjoy the rewards of this turn key operation as you reach for and touch the stars. Call today for all the details.
About the Business
Year Established:1930
Employees:10 full time -
Relocatable:Yes
Facilities:Both buildings on this property are included in the sale. The first building is 11,050 sq. ft. and the second building; 3200 sq. ft. is used as warehouse with two 10 ft. overhead doors. This location has great visibility.
Market Outlook and Competition:There is no competition in this area.
About the Sale
Reason For Selling:Expansion for the business
Seller Financing:There is some owner financing possible for the right buyer.
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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