BUSINESS TYPE: High Volume Independent Auto Dealership With Strong Brand Recognition – SBA Approved!
PRICE: $1.5 million Business, $2.6 million Real Estate
LOCATION: Northern California
LISTING ID#: 6326
INDUSTRY: Auto Industry
This business is a family-owned, independent used auto dealer selling only top-quality cars, trucks and SUVs, with a strong reputation in the industry. The business sells over 100 units/mo retail, plus 20 to 40 units wholesale, as well as many aftermarket products including warranties, gap insurance, GPS security devices, and maintenance products.
- Pre-approved SBA 7a financing (12,000 sf building, including 4,000 sf service facility)
- Real Estate and Business over 25 year term
- $738,000 total estimated cash required
- 5.29% interest
- $21,447 monthly payment
The business’ unique systems and processes are the result of over 30 years of auto industry experience, and its success is founded on long-term thinking and an analytical approach based on data. This is a unique approach in the used car industry.
Founded in 2002, this business weathered both the aftermath of 9/11 and the 2008 financial crisis with smarts and savvy. Today, the business employs nearly 30 people, has over $20 million in annual revenue, and has sold over 15,000 automobiles since its inception. This dealer’s strong relationships with lending institutions allow them to offer their customers the most favorable terms. Their reputation is unsurpassed, and their customer referral base is rich and deep. Customers consistently give them 4+ star ratings on Yelp and 40 other review sites, and is rated A+ by the Better Business Bureau.
The business offers several areas for growth and diversification. This business is an excellent opportunity for an astute buyer who recognizes that an analytical approach, marketing and brand building, and the “soft side” of business relationships are equally important pillars in a solid foundation.
Asking Price: $1.5 million Business, $2.6 million Real Estate
Gross Income: $22,482,007
Cash Flow: $382,513
FFE: (Included in Price)
Inventory: Used car inventory not included in price
Reason For Sale: Retirement
Training & Support: Training Included
Year Established: 2002
General Location: Sacramento Area
Square Footage: 12,000 SF
Home Based?: No