Brad Bickle @ Tim Lamb Group - Dual Domestic - Popular Brands

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Asking Price:
$500,000

Gross Revenue:
$5,300,000
Cash Flow:
 Not Disclosed
EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
$500,000
included in asking price

Real Estate:
$1,600,000
included in asking price

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Business Description

Owner has other business entities and not enough time for a dealership, thus he is selling it for basic net values.

Realistic upward performance potential as identified by both Manufacturers. Operating at well below its assigned market potential for both Brands. Also Fixed Operations coverage running at 42% vs. industry standard of 75%. Store has a very profitable history and MUCH potential with the right amount of energy and a focused new owner should be able to generate an exponentially upward bottom line.

Located with easy access to other major markets in addition to its primary assigned market place.

PLEASE READ CAREFULLY: Due to the pricing for this offering it is certain to generate a substantial amount of responses, which are greatly appreciated. It is important to note that both Manufacturers have general guidelines defined for a new owner's consideration which I will be glad to provide to you either over the phone or via email.

*NOTE* Current owner wants to sell the Real Estate, asking $1.6M(copy of recent appraisal available) and Business Assets, Equipment, FFE, etc., $500G. He will only sell both together - might consider a lease with option to purchase on the R/E for a very well qualified buyer. Subject to more detailed agreements between both parties.

Also a comprehensive Investment Summary and Presentation package is available to assist with the decision making process. It will require a signed Non-Disclosure form prior to receiving all the detailed information on this exceptional offering.

About the Business

Franchise:
Yes
Real Estate:
Owned
Building Sq. Ft.:
16,920
Facilities:
The site is a total of just under 4 acres. The property's primary improvements includes just under 17,000 square foot automotive sales and service building. A recent appraisal contains more detail upon request.

All facilities and building are clean and continued use for next owner.
Market Outlook/
Competition:
Established market and a long term presences as defined by both manufacturers.
Growth & Expansion:
Both Manufacturers market performance reports have identified a significant sales and service growth improvement opportunity for a couple of the new car/truck also used car and truck sales which will result in even greater bottom line profitability with minimal effort in both Sales and Service.
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About the Sale

Reason For Selling:
Owner has other business operations and not enough time for a dealership.
Training/Support:
Manufacturers provide extensive and comprehensive training for all dealership staff.

Listing Info

ID:
1424868
Ad Detail Views:
1375

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Business Listed by

Brad Bickle

Bbickle, LLC., Director @ TimLambGroup, LLC.

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