Listing Number: 9525-617089
This well-established used car dealership is strategically positioned in Ocean City, Maryland, a bustling coastal resort town known for its tourism and vibrant community. The dealership has built a strong reputation in the local market and has become a trusted destination for individuals seeking high-quality pre-owned vehicles with a specialization for Jeep Cars.
The business has consistently achieved annual sales of +$660,000, highlighting its ability to attract customers and generate revenue. With seller discretionary earnings of $120,000, the dealership exhibits a healthy profit margin and strong financial stability. These figures serve as a testament to the business's sound operational practices and successful customer acquisition strategies.
Ocean City, Maryland offers a favorable location for a used car dealership. The town's popularity as a vacation destination and the local population's need for reliable transportation create a steady demand for pre-owned vehicles. Additionally, the dealership benefits from its proximity to major highways and transportation routes, enhancing accessibility for both local customers and out-of-town visitors.
The dealership enjoys a competitive advantage in the market due to its solid reputation for quality vehicles and exceptional customer service. Its experienced and knowledgeable staff provide a personalized and professional buying experience, fostering customer loyalty and positive word-of-mouth referrals. The dealership has also established relationships with trusted financing partners, facilitating streamlined and efficient sales processes.
Despite its current success, there are several avenues for further growth and expansion. The dealership can explore increasing its inventory and diversifying its vehicle selection to cater to a wider range of customer preferences. Furthermore, implementing targeted marketing strategies, such as online advertising, social media campaigns, and local partnerships, can enhance brand visibility and attract a larger customer base.
Established business with a proven track record of success
Strong financial performance with healthy profit margins
Ideal location in a popular resort town
Competitive advantage due to reputation for quality vehicles and customer service
Opportunities for growth and expansion
Call to Action:
Call to Action:
If you are looking for a turnkey opportunity to own a successful used car dealership, then this is the perfect business for you. Contact Charles Daucourt at Transworld Business Advisors today to learn more about this amazing opportunity!
Tel. (757) 231 6557
- Price: $350,000
- Down Payment: $350,000
- Sellers Discretionary Earnings: $120,000
- Total Sales: $660,000
- Inventory: $0
- FF&E: $0
- Year Established: 2010
- Reason for Selling: retirement
- Category: Automotive