Mid-Atlantic Mitsubishi Dealership For Sale

Business
  • Listing# : 18856
  • Listed Price : $4,035,000
  • Total Sales : $20,625,200
  • SIC : 5511
  • Down Payment : $4,035,000
  • Status : Active
  • Discretionary Earnings : $285,224

Business Type :

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

Business Description :

This Mitsubishi dealership operates in a strategically located market in the Eastern USA, offering new and pre-owned vehicle sales, a fully equipped parts and service department, and in-house financing solutions.  Aligned with a globally recognized automotive brand known for reliability and value, the dealership has cultivated strong local brand recognition and repeat customer relationships.  Its online presence and operational systems are well-developed, allowing for efficient marketing, sales, and service delivery in a competitive automotive environment.

The business is being offered for $835,000 — a highly-attractive value for a franchise automotive platform with multiple revenue streams and successful brand affiliation.  Real estate is available for purchase in conjunction with the business for $3,200,000 (a placeholder value and subject to updated appraisal).  The facility is modern, well-maintained, and situated on a high-visibility commercial corridor.  This opportunity is well-suited for a first-time franchise General Manager, or an experienced Dealer seeking to expand and/or diversify their existing portfolio.  It also serves to provide a successful Independent vehicle dealer with entry into a franchise store with a turn-key management team in place and immediate upside potential.

Note:  This business opportunity will require the approval of Mitsubishi Motors North America.  Exemplary character, proven operational capacity (including automotive ownership and/or management experience), a strong customer satisfaction record, and adequate investment capital are important approval criteria.

Assets/Liabilities:

    • Accounts Receivable $0
    • Incl :
    • Real Estate $3,200,000
    • Incl : Yes
    • Inventory $110,000
    • Incl : Yes
    • Liabilities $0
    • Incl :
    • FF&E $225,000
    • Incl : Yes
    • Other: $0
    • Incl :
    • Leasehold $0
    • Incl :
    • Total Assets $3,535,000
    • Incl : Yes

Lender Prequalified: No

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Automotive