Listing Number: 98126-998047
A truly rare opportunity to own one of the most successful, fastest growing, TOP Independent Used Car dealerships in the Mid-Atlantic! A unique opportunity awaits a new owner to step into this well-oiled machine and start making some impressive earnings. This well-established car lot maintains a Phenomenal Relationship with a few of the biggest Used Car lenders in the Country, dominating the market as one of their biggest clients in the country; Giving them the ability to lend too almost anyone!
An Outstanding Advertising & Marketing program is in place that has resulted in an Unstoppable Growth Trajectory of an average of 35%+ Growth in Top Line Revenue every year!
This dealership has an Exceptional Brand with an Excellent reputation WELL ABOVE the industry standard alongside a customer retention rate and Google Reviews in the Thousands reaching NEARLY 5 STARS! The Staffs dedication to amazing service, reliability and quality of this dealership keeps customers coming back repeatedly!
Perfectly located in a high traffic area with great visibility, and the PERFECT locale for the demographic of customers. The owners have been in business for Seven Years. In that short time the dealership has come to Annual Revenues totaling nearly $22 Million! Selling! Upwards of 1,250 vehicles sold per year! This business is turnkey ready and fully operational. Multiple Revenue Streams available and more could be added through the Service Department and Paint & Body shop which are on site.
Included in the sale is the Inventory Estimated at this time around $2M and Accounts Receivable well over $2.2M.
This is an extremely lucrative opportunity for a Serious buyer with demonstrated ability to purchase.
All buyers must sign NDA fill out a Buyers Profile and must be able to show that they can purchase business before any further information can be obtain.
Inquire today because this business will not stay on the market for long!
- Price: $6,925,000
- Down Payment: --
- Sellers Discretionary Earnings: $606,773
- Total Sales: $21,437,698
- Location: Maryland
- Inventory: $2,000,000
- FF&E: $300,000
- Employees: 22
- Reason for Selling: Seeking other ventures
- Category: Automotive