Auto Dealership – Luxury Pre-owned Vehicles

Financial & Assets Details

About the Business

Business Description

The Business offers the finest Pre-Owned Luxury Automobiles. The Dealership has been in the current location since 2005 and over 25 Years in the Business.
The Vehicles are the finest quality yet most reasonably priced for the .About 85% of the Sales are made on the Internet and the remaining are walk-ins, repeats and referrals. The business is selling 50 to 55 Vehicles Monthly with
an average $5,000 Profit per Vehicle. The Business and its Owner, are both known and well respected in the Industry and Community. The Seller will offer a Covenant Not To Compete for a period of 5 years. He can be available for Part Time Consulting for Buyer at agreed upon Fee and Term. The Seller currently does a major portion of purchasing at various Auctions and will Train the Buyer what to look for when purchasing the Vehicles.

Growth & Expansion

Can grow with additional marketing and Advertisement as well as increasing Inventory of Vehicles.

Market Competition:

Business is well established and has done over $20 Million in Sales for the past several years and is still growing.

Location Details:

Great location on Busy Street in free standing Building --stands out nicely. Business is conducted from 4000 sq ft 2 story building located on 20,000 sq ft lot plus additional 28,000 sq ft lot nearby.

Support & Training

Seller will Train

Reason for Selling:

Seller wanting to semi retire after 25 years in industry.