$1.1M EBITDA In-House Financing Auto Dealership
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Comprised of four high-foot-traffic locations in Midwest
This company's competitive financing terms within the buy-here-pay-here segment, as well as its honest and respectful relationship with customers from purchase to loan pay-off, have won and retained the loyalty of a customer base that may not qualify for traditional forms of credit. 17% of the Company’s revenue is from interest on car loans.
The Company runs four dealerships in small towns that are less saturated with competition than larger markets. It holds a $2.4 million vehicle inventory that turns over in 69 days, at an estimated sale price of $4.4 million, considering the Company’s consistent 45% gross margin. Everything happens in-house: processing and detailing, loan servicing, and agile credit screening and repossession. This integration means higher margins, faster decisions, and fewer surprises. The Company works with a vendor that delivers compliance solutions for businesses in the automotive and financial sectors, enabling them to operate with confidence and sustainability
The Company runs four dealerships in small towns that are less saturated with competition than larger markets. It holds a $2.4 million vehicle inventory that turns over in 69 days, at an estimated sale price of $4.4 million, considering the Company’s consistent 45% gross margin. Everything happens in-house: processing and detailing, loan servicing, and agile credit screening and repossession. This integration means higher margins, faster decisions, and fewer surprises. The Company works with a vendor that delivers compliance solutions for businesses in the automotive and financial sectors, enabling them to operate with confidence and sustainability
About the Business
Real Estate
- Owned or Leased
- Leased
About the Sale
- Financing Options
- N/A
Listing Info
- ID
- 2470492
- Listing Views
Attached DocumentsAttachment Disclaimer
Listing ID: 2470492 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. See our full Terms of Use. Learn how to avoid scams.
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