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Sunbelt of Edwardsville

Antique And Classic Cars Dealership For Sale

Illinois, US
Asking Price:
$3,250,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$5,000,000
Cash Flow:
$1,000,000

CHANCE TO OWN A DREAM BUSINESS! FOR SALE is a Antique and Classic vehicle dealership that is a family owned business that started as a hobby that has grown over its 24 years to be a multi-million-dollar niche dealership business. Average sales revenue of approximately ($5,000,000) million a year with an average annual net income of an approximately ($1,000,000) one million dollars a year. Dealership is located on Old Historic Route 66 in Midwest serving as a tourist destination for travelers. Dealership specializes in selling of Classic & Antique vehicles between the ages of ---------s. Over (80) eighty percent of sales are sold via online lead generation. Company has a solid employee base with average tenure of (10) ten plus years. Company has a global presence and has a highly respected reputation in the industry of selling classic & antique cars. Owners are willing to support the new owners in transition in the future, and as well as ongoing support going to auctions and assisting with buying of inventory.

Property Information

Premises Details:

N/A

Size in square feet:
90000 sq ft

Business Operation

Expansion Potential:

There could be a growth opportunity in providing a detail shop, tourist activities, restorative services, and maintenance services. Current ownership just specializes in the buying/selling of vehicles. There is often requests for maintenance and rehab services that they have just not added to their service offerings.

Competition / Market:

Minimum competition, niche business.

Reasons for selling:

Seller is aging and wanting to retire in the future.

Trading hours:

Days: 6, Hours: 46

Employees:
Full Time: 8, Part Time: 2
Years established:
26

Other Information

Support & training:

Owners are willing to train and support the new ownership.

Financing available:

Seller prefers a cash at closing, and that the buyer secure third party financing. Seller is negotiable for the right buyer.

Furniture / Fixtures value:
$350,000 - included in the asking price

Contact Sunbelt of Edwardsville

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