89060-CW Used Car Dealership For Sale in Chesapeake, VA.

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Asking Price:
$249,900

Gross Revenue:
$934,538
Cash Flow:
$102,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$250,000
not included in asking price

FF&E:
$5,000
included in asking price

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Business Description

This business is ready for the right buyer. The business, which includes training, office equipment, access to great vender relationships, will not last long.

This business has exceptional unit of economics and buying power, which keeps your overhead costs low. If you are looking to get into the automotive industry, this is definitely a opportunity that you should inquire about.

Highly profitable automotive dealership with 40-45 vehicle capacity, This used vehicle dealer has evolved into a unique business model which currently targets their geographical market demographics with stable income locally.

You can park about 18 to 20 cars front of office unit / street view and 20 to 25 cars at the back of the office unit.

*Dealership has EXCELLENT track record,
* High Traffic area,
* Great revenue and with profit.

*Note: Inventory NOT included.

About the Business

Year Established:
2014
Number of Employees:
1
Real Estate:
Leased
Building Sq. Ft.:
1,000
Lease Amount/Mo.:
$2,650.00
Facilities:
The business is located in a high traffic location, close to a major highway. It is a turn key business with staff and inventory in place.
Market Outlook/
Competition:
Plenty of competition around. However seller's business model has made this dealer very profitable.

Opportunity to not only increase the dealer sales, but also to start another income stream and offer automotive and B.H.P.H and related services.
Growth & Expansion:
This business has a good unit of economics and buying power, which keeps your overhead costs low. If you are looking to get into the automotive industry, this is definitely a opportunity that you should inquire about
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About the Sale

Reason For Selling:
relocating
Training/Support:
2 weeks

Listing Info

ID:
1446409
Ad Detail Views:
706

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Business Listed by

Cobus van der Watt

Transworld Business Advisors of Richmond VA

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Sponsoring Broker:

Transworld Business Advisors CEO, Rupesh Bharad
Transworld Business Advisors of Richmond VA

U.S. Census Data for Chesapeake city County, VA
Age

Gender

Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Chesapeake city County, VA
Income

Education

Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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