New/Used Auto Dealership with Service & Parts
Location: Texas > Dallas County
Industry: Auto Related > Auto Dealers
Financials
Asking Price: $2,200,000
Gross Revenue: $35,000,000
Cash Flow: $1,107,000
Cash Flow Comments: Seller’s Discretionary Cash Flow
Inventory: $7,000,000 (Not Included in Asking Price)
Business Summary
This New and pre-owned car dealership founded by the owner more than five years ago, has been operating successfully since its inception. The company’s management has built a strong Company reputation within the Dallas Fort Worth Metro area for quality of service, availability of parts, large selection of inventory (both new and per-owned) and great deals on the sale price. The company’s parts and service department is an asset to the dealership from both a customer satisfaction approval rating and profitability.
The company, located on a major highway with very heavy rush hour and non rush hour traffic counts, has excellent visibility from the highway and easy access on and off the freeway. Located just a quarter of a mile away from a major shopping mall, the company is just one of fifteen dealerships located in a ten mile area.
The Company has a low employee turn over rate among its support staff and sales personnel resulting in a well trained and seasoned workforce. Many of the company’s employees are bilingual.
The company’s major source of pre-owned inventory which supports the 100 to 130 cars sold each month comes from the wholesale market. New car inventory allocations from the manufacture support a 100 new car sales volume each month. This dealership consistently ranks in the top 25 auto dealerships in the country for new car sales sold per month for the auto manufacturer.
The company, located on a major highway with very heavy rush hour and non rush hour traffic counts, has excellent visibility from the highway and easy access on and off the freeway. Located just a quarter of a mile away from a major shopping mall, the company is just one of fifteen dealerships located in a ten mile area.
The Company has a low employee turn over rate among its support staff and sales personnel resulting in a well trained and seasoned workforce. Many of the company’s employees are bilingual.
The company’s major source of pre-owned inventory which supports the 100 to 130 cars sold each month comes from the wholesale market. New car inventory allocations from the manufacture support a 100 new car sales volume each month. This dealership consistently ranks in the top 25 auto dealerships in the country for new car sales sold per month for the auto manufacturer.
About the Business
Year Established: 2001
Employees: 61 full time -
Relocatable: Yes
Market Outlook and Competition: This company is a market leader with significant contracts and excellent long term business base. Owner motivated. A full staff of seasoned professionals makes this a near turnkey acquisition. For right buyer, company has significant opportunity for vertical and horizontal growth
About the Sale
Management Training and Support: Will provide trainning during transition period.
Reason For Selling: Owner has other business interests he is pursuing.
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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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