East Coast Mitsubishi Dealership For Sale

Business
  • Listing# : 18674
  • Listed Price : $4,850,000
  • Total Sales : $23,522,988
  • SIC : 5511
  • Down Payment : $4,850,000
  • Status : Active
  • Discretionary Earnings : N/A

Business Type :

Automotive / Auto Dealership, Automotive / Auto Accessories, Automotive / Auto General Repair, Automotive / Auto Parts Store

Business Description :

East Coast Mitsubishi Dealership Available For Immediate Sale

Established in 2019, the business has quickly gained a stellar reputation for delivering quality vehicles and exceptional customer service in a competitive and growing market.   Mitsubishi’s increasing brand recognition and consumer demand provide a solid foundation for continued growth with national sales up 22% in 2024.

The dealership offers a comprehensive lineup of new Mitsubishi vehicles known for their reliability, affordability, and advanced features.  Nationally, the Outlander model has been a significant contributor to this success, leading the brand's sales with 11,138 units sold in Q3 2024, a 19.3% year-over-year increase.   Additionally, the Outlander Plug-in Hybrid recorded 2,279 sales in the same quarter, up 20.8% year-over-year.  The Eclipse Cross is also performing strongly, with quarterly sales of 4,196, representing a 26.7% year-over-year increase. 

A full-service operation, the business also includes retail parts sales, warranty service, and general automotive repair, supported by skilled technicians and a modern, well-equipped facility that is fully compliant with the latest Mitsubishi brand standards.

Known for its customer-focused approach, the dealership has cultivated a loyal base of repeat buyers and service customers, reinforcing its strong position in the local market.   Strategically located on the East Coast, the region’s growing economic diversity and consumer base have created additional opportunities to expand both sales and service revenues.

This turnkey operation is an excellent opportunity for an experienced operator or investor seeking to capitalize on Mitsubishi’s growing popularity and the dealership’s established market presence. 

Important Disclaimer:  The acquisition of this business requires franchise approval from Mitsubishi Motors. Character, Operational Capacity (including proven automotive franchise ownership and/or general management experience), Customer Satisfaction and Working Capital are required approval criteria.


Assets/Liabilities:

    • Accounts Receivable $0
    • Incl :
    • Real Estate $3,600,000
    • Incl : Yes
    • Inventory $400,000
    • Incl : Yes
    • Liabilities $0
    • Incl :
    • FF&E $300,000
    • Incl : Yes
    • Other: $0
    • Incl :
    • Leasehold $0
    • Incl :
    • Total Assets $4,300,000
    • Incl : Yes

Lender Prequalified: No

Similar Listing :

Automotive