Listing Number: 5182-507929
Established in 2013, this auto dealership is now for sale. High visibility, prime location with recurring clients who buy clean and reliable used vehicles. The business has name recognition in the community and little to no competition in this particular area of the Smoky Mountains in East Tennessee. Well established pre-owned auto lot with space for 40-60 vehicles on this 1 acre lot in a prime location with high traffic. Includes use of office (free standing stone building structure), car-port, office equipment, some tools, small fixtures and equipment. Everything you need is here to run this turn-key business.
Listing price to include up to 40k in inventory, although this can be negotiated. Current marketing is mostly word of mouth, basic website and social media. Potential for expansion, growth and increased revenue through more advanced marketing techniques. Can be set up as a BHPH (buy here pay here), if desired. Owner often carries as many as 30 dealer financed vehicles generating steady monthly revenues at attractive interest rates. For someone familiar to this industry this will be a fantastic buy. There is little to no competition in this area.
Seller desires to lease real estate and sell auto dealership to pursue other projects. If there was an offer made on the real estate property, that price would be around two million. Also owns property next door which shares the office. Contact broker today to learn more about this business.
- Price: $389,000
- Down Payment: $60,000
- Sellers Discretionary Earnings: $200,000
- Total Sales: $820,537
- Location: Sevier County, Tennessee
- Inventory: $40,000
- FF&E: $0
- Employees: 1
- Reason for Selling: Pursue other projects
- Category: Automotive