Every Entrepreneur’s Business Resource

PROFITABLE DEALERSHIP FOR SALE

Price: $975,000

Location: PHOENIX

Industry: AUTOMOBILE

Listing Description

The subject company is a well-established and successful auto dealership with staff in place and positive year-over-year trends that caters to the pre-owned vehicle market. This well-established dealership has experienced tremendous growth. From 2018 – annualized 2021, the company has increased on average 21% year-over-year. This includes 2020 – Covid year, which was down 10% from the previous year. By omitting 2020 the average gross annual trends are closer to 38%.

The owner has done an excellent job positioning and growing the dealership. Unfortunately, due to relocating out of state he is parting long before the Company has reached its full potential. Historically, the Company has hosted approximately 50-60 vehicles for sale. However, the lot has the capability to store an estimated 120 – 150 cars.

The asking price for this opportunity is $975,000, plus inventory.

Listing Details

Asking Price: $975,000

Gross Income: $3,626,588

Down Payment: $975,000

Cash Flow: $607,710

FFE: $70,000 (Included in Price)

Inventory: $450,000 +/-

Reason For Sale:Relocating

Training & Support:The seller is willing to train, the time frame is negotiable

Operation

Year Established: 5+ Years

Days & Hours of Operation: Monday - Saturday

Owner Hours Per Week: 30-40

Employees: 5+

Location

General Location: PHOENIX