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Established Used Car Dealership In Virginia For Sale

Virginia, US
Asking Price:
$95,000
Sales Revenue:
$1,200,000
Cash Flow:
$70,000

LISTING ID # 36053

Unique chance to acquire an established used car dealership strategically located, boasting impressive 2023 sales of $1.2m. While a sole owner-operator could have realized over $140k, a manager received $70k. The property features five aesthetically pleasing offices with high-end furniture, six on-site car spots, and an optional 20 additional spots a mile away. With significantly below-market rent at $10k, offset by an $8k sublet, the current owner's responsibility is reduced to $2k. The motivated seller, aiming to focus on an unrelated and demanding CEO position in another company, is open to creative deals. The comprehensive deal includes a dealer license, highly reviewed established business, dealer tags, a line of credit/floor plan, and established accounts with auction houses, large dealerships, and various financing and marketing platforms. Ideal for someone experienced in the car business or with a genuine passion for cars. The seller is willing to provide 2 months of training for a smooth transition.

Business Operation

Reasons for selling:

Other business

Employees:
1 FT
Years established:
7

Other Information

Support & training:

Seller will train

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

45,000.00 Down & balance of $50k for 60 months @ 3%

Furniture / Fixtures value:
$15,000
Inventory / Stock value:
$45,000