Auto Dealership, Pre-Owned. Philadelphia, PA – Great Cash Flow!
Price: $1,750,000
Location: Greater Philadelphia Area
Industry: Automotive and Boat
Listing ID: P11112020
This one is a busy pre-owned auto dealership selling mid to high end used cars, trucks, and SUVs located in the greater Philadelphia area. The business has excellent social media following and website with high ratings and reviews online. They sell top quality vehicles that keeps their reputation very strong.
Excellent management, finance and sales staff know how to care for clients and close sales. Highly visaible car lot and office with strong and consistent monthly sales, moving conservatively over 80 to 100 cars a month on average with strong cash flow and margins. Sale includes owned inventory and buyer to assume debt for inventory on floor plan financing.
There is very good brand value to this company, an excellent website that is kept current, very good inventory, and a very solid reputation for good deals on quality pre-owned vehicles. Excellent margins and earnings.
Listing Details
Gross Revenue: $18,000,000
Cash Flow: $500,000
FFE: $20,000 (Included in Price)
Inventory: $1,000,000 (Included in Price)
Terms and Conditions?:
Sale includes 1 mil in owned inventory. There is another 1 to 1.5 mil +/- on a floor plan a buyer can assume.
Reason For Sale:
Absentee owners selling to focus on other interests
Training & Support:
Managment and sales sale in place to assist with ownership transition. Seller will asist as needed.
Operation
Year Established: 2010
Days & Hours of Operation: 7 days
Employees: 4
Managers: 1
Absentee Owner?: Yes
Location
Monthly Rent: 23785
Type of Location: Outdoor car lot with sales and admin office, secordary storage lot.
Summary
Financing/Terms:
Bank financing and seller finance possible