Profitable and well established Automobile Sales & Financing

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Turnkey operation with immediate income
Asking Price:
$1,950,000

Gross Revenue:
$2,500,000
Cash Flow:
$350,190
EBITDA:
$220,000
Inventory:
 Not Disclosed
included in asking price

FF&E:
$100,000
included in asking price

Real Estate:
$1,500,000
included in asking price

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Business Description

This is an established and very profitable family owned and operated luxury preowned automobile dealership engaged in business of sales and financing high line automobiles and trucks for over 32 years!
Business is located in a highly desirable North Dallas area on a street with 95000-traffic count each day. Very large lot, 10000 SQ F of showroom/office and make ready/prep buildings as well as ample outside covered and uncovered parking spaces to support over 120 vehicles.
This offer is for a turnkey operation with all main elements of a successful automobile dealership such as well trained and experienced staff, vendors, floor plan, and finance sources in place. Included in price is everything you need to continue the operation and be profitable immediately.
with this offer you will buy the real estate , Furniture, fixture, equipment, computers and data systems, office machines and equipment, all detail and shop equipment and machines, supplies and goodwill of a business with thousands of existing customers and a great reputation.
The present owner is willing to stay and offer complete training during transition period and after sale based on mutual agreement.
Vehicle inventory will be offered at cost.
Serious interested parties please reply with a statement describing your business background and your intended time to purchase the business.

About the Business

Year Established:
1986
Real Estate:
Owned
Building Sq. Ft.:
10,000
Facilities:
Dealership is located on a very high traffic and high visibility location. It consist of 48000 sq. feet of land, a very well designed fully air conditioned 8000 sq.feet showroom with 5 executive and sales offices, customer lounge as well as a separate fully equipped 2000 sq. feet make ready/prep building . Facility has all updated data management system and office machines. The location of property on one of the busiest streets in north Dallas provides ample oprtunity for future expansions and growth.
Market Outlook/
Competition:
Business has been in operation for over 32 years, during this time several thousands of satisfied customers nationwide have been added to existing database. Unique sales and marketing approach along with careful inventory selection make this business stand out among competitors.
Growth & Expansion:
Because of demographic attributes and structure of lot and real estate, growth potential is unlimited, the special zoning privilege provides ample opportunities to expand. Lot can support a full service auto repair facility for added income.
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About the Sale

Reason For Selling:
Retirement.
Training/Support:
Staff are trained to run the business seamlessly during and after transition, a comprehensive employee handbook as well as a detailed daily operation manual is present. Sellr will provide sufficient training during transition period and is willing to assist after sales subject to a mutual agreement.

Listing Info

ID:
1377728
Ad Detail Views:
1306

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U.S. Census Data for Collin, Dallas and Denton Counties, TX
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 Collin, Dallas and Denton Counties, TX
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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