This is a great opportunity to own a successful, profitable, Used Car Dealership in Oakland County. Established in 2022, this 9,200 sq. ft. dealership is dedicated to providing the ultimate automobile buying experience and your #1 source for buying a quality pre-owned vehicle. The dealership has extensive relationships in the dealer community allowing to purchase a wide variety of lease returns and new car trades at exceptional values which enables to pass along huge savings on the highest quality vehicles of choice. In addition, they offer a full array of financing options to meet the consumer’s needs. Located off a highly traveled road surrounded by plenty of residential and commercial properties and off major freeways for easy commuting. Current building also has drive-in bays to provide light auto repairs and auto detailing. Recently, the owner added U-Haul rentals which has yet to reach its full capacity. Current owner does minimal advertising…a new owner/operator with some creative advertising/marketing along with adding additional services, adding RV and Boat sales, expanding on territory, you have HUGE potential. Included in the sale will be an effective training and transitional period to ensure continued success. New Owner will also need to apply to transfer the Class B, C & Finance licenses. A must see/must have business that will surely not disappoint! *Highly Confidential Listing! All potential Buyers must sign a Confidentiality Agreement and show proof of funds prior to receiving additional information. Call Armen Nazarian Business Brokers
- Asking Price:
- $375,000
- Sales Revenue:
- $2,350,717
- Cash Flow:
- Not applicable
Property Information
- Real Estate:
-
Lease
- Premises Details:
-
The dealership has extensive relationships in the dealer community allowing to purchase a wide variety of lease returns and new car trades at exceptional values which enables to pass along huge savings on the highest quality vehicles of choice. In addition, they offer a full array of financing options to meet the consumer’s needs. Located off a highly traveled road surrounded by plenty of residential and commercial properties and off major freeways for easy commuting.
- Size in square feet:
- 9,200
Business Operation
- Expansion Potential:
-
Current owner does minimal advertising…a new owner/operator with some creative advertising/marketing along with adding additional services, adding RV and Boat sales, expanding on territory, you have HUGE potential. Included in the sale will be an effective training and transitional period to ensure continued success. New Owner will also need to apply to transfer the Class B, C & Finance licenses.
- Reasons for selling:
-
Moving Out of State
- Employees:
- 3
- Years established:
- 4
Other Information
- Support & training:
-
seller will train
- Owner financing:
- Owner financing is available. Please contact the seller for more information.
- Financing available:
-
$375,000 with $175,000 down. 8% int., amortized over 120 months, balloon due in 60 months
- Inventory / Stock value:
- $300,000
