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Successful Pa Ford Dealership For Sale

Not Disclosed, Pennsylvania, US
Asking Price:
$3,485,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$13,047,884
Cash Flow:
$505,979

After decades of selling and satisfying customers, this established, successful automotive business is offered for sale to the motivated buyer seeking a proven winner. The operation has become a hallmark in the community and is well-known for delivering a unique, customer-driven experience. It's a simple success formula: this dealership has been committed to giving drivers from across the NE Pennsylvania Region the best in customer service, with a top-notch selection of brand-new vehicles to choose from, as well as an extensive inventory of pre-owned crossover, SUV and trucks ... all delivered with a passion for customer satisfaction.

The business features products from one of the most iconic and popular global brands, the Ford Motor Company. This incredible line-up of best-selling vehicles covers the full spectrum of consumer tastes from the Built Ford Tough F-Series pick-ups, the popular Mustang pony car, the class-leading Explorer SUV, and the off-road Bronco.

Over the last 2 years, the business has averaged over $13 million in top-line revenue and generated an adjusted average annual cash flow of $450,000. The business is the definition of a turn-key operation: successful legacy, professional management team, loyal, repeat customers, solid profitability, great facility & location, and offering high-demand, quality products.

LENDER FINANCING ... This business has been lender pre-qualified for financing to qualified buyers. Applicants must undergo full underwriting for loan approval and a preliminary term sheet is included with the confidential marketing materials.

Important Disclaimer: The acquisition of this business requires franchise approval from Ford Motor Company. Character, Operational Capacity (including previous and proven automotive franchise ownership and/or general management experience with exceptional sales, CSI, and working capital performance), Customer Satisfaction and Capital are required approval criteria.

Property Information

Real Estate:

Real Property Included

Premises Details:

The business is located at the intersection of two major state traffic arteries and situated a short distance from a large and growing metropolitan population base. The facility is well positioned for visibility and accessibility with abundant convenient customer parking and vehicle display/storage. The facility resides on a large parcel of land and includes a generous showroom, business offices, customer lounge, parts department, and full-service department. The real estate is offered for $1,560,000 (appraised value in Spring 2022).

Business Operation

Expansion Potential:

While the dealership has demonstrated consistent, stable, and sustained profitability for many years, there is excellent growth potential when comparing present performance to group average levels. Major opportunities include:
1. Used Truck Sales Volume and Gross
2. Body Shop Sales and Gross
3. Extended Service Plan Volume and Gross
4. Finance and Insurance Income
5. Service Gross / Service Absorption

Competition / Market:

The local market only includes used vehicle dealers and a NAPA parts discount store. Over the last 12 months, the new vehicle industry in the market was over 450 vehicles with the Ford brand capturing a 20.3% market share. Given the proximity to large metro market, the used vehicle market potential offers unlimited sales and profit opportunity.

Reasons for selling:

Looking to sell and re-invest in another Ford store closer to his family.

Trading hours:

Mon-Thurs 9am-7pm; Fri 9-6; Sat 9am-2pm

Employees:
24 FT
Years established:
94

Franchise Information

Franchise opportunity:

Franchise Resale

Other Information

Financing available:

Lender pre-screened with $752K down.

Furniture / Fixtures value:
$300,000 - included in the asking price
Inventory / Stock value:
$175,000 - included in the asking price