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Established, Profitable Used Auto Dealership For Sale

Public
  • Listing# : 7626
  • Listed Price : $337,500
  • Total Sales : $1,583,828
  • SIC :
  • Down Payment : $303,750
  • Status : Expired
  • Discretionary Earnings : $87,863

Business Type :

Manufacturing; Distribution; Automotive / Auto Used Cars

Business Description :

Very established used auto dealership business for sale with excellent name recognition & reputation for integrity & affordable quality. $1,650,000 average revenue & $152,000 average seller's discretionary earnings (SDE) for 2011 - 2009. Key to long-term success involves buying good inventory, getting it into good condition, & standing behind it. As a result, inventory tends to sell at retail than rather liquidating it at wholesale. The business sells SUV's, sedans, & pick-ups to families, farmers, & contractors as well as, a few motorcycles, ATV's, & more. A high proportion of sales are initiated by way of the internet & repeat customers. The business has an excellent, well-equipped shop, but does no outside service & out-sources most of the preparation of autos for sale. The business sells very few tires & auto parts. The business does not sell credit insurance.

Assets/Liabilities:

    • Accounts Receivable $0
    • Incl : No
    • Real Estate $350,000
    • Incl : No
    • Inventory $417,412
    • Incl : Yes
    • Liabilities $0
    • Incl : No
    • FF&E $60,000
    • Incl : Yes
    • Other: $0
    • Incl : No
    • Leasehold $0
    • Incl : No
    • Total Assets $477,412
    • Incl : Yes

Lender Prequalified: No

Similar Listing :

Manufacturing, Distribution, Automotive