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Used Auto Lot W Serv Dept For Sale

New York, US
Asking Price:
$9,000,000
Sales Revenue:
$11,894,000
Cash Flow:
$1,575,970

We are offering a well-run, turnkey car dealership. This is a multi-generational, long-established, used car selling organization with a service department. Two locations. The year-over-year profits are amazing. Both locations have high visibility and traffic. The management team will stay in place to continue the success and legacy of the business with any new owner or merger. Our goal is to enable current Senior Management to cultivate key facets of the business and broaden the advancement of its current and future associates through acquisition or merger. The current owner wants to see the company’s legacy continue after his exit. The owner will stay as negotiated to ensure this.

The new owner must demonstrate the ability to grow the organization by leveraging the relationships, loyal customer base, and LONG TIME reputation of this company. They have been established for over 50 years.

Property Information

Real Estate:

Lease

Location:

Two Locations are fully owned. Located in Western New York. The current estimated market value of the real estate - if we sold real estate - would be over $2,500,000.00. The lease would be for $10,000.00 Triple Net per month for both locations, including multiple car lot buildings and a showroom at each location. Real Estate can be bought in a separate deal for the right buyer. Details will be provided to qualified buyers of the business.

Business Operation

Reasons for selling:

Wants to slow down and retire in 2-3 yrs while ensuring continued success.

Employees:
12

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