BUSINESS TYPE: Super Profitable Northern CA Used Car Group Two Locations
LOCATION: Bay Area, Central Valley
LISTING ID#: 6332
INDUSTRY: Auto Industry
This used car dealership group operates in two California locations: one in the Bay Area, and one in the north Central Valley. While it has been in business for just 6 years, this company was built upon the decades of experience of its founder, who started and built one of the biggest used car dealerships on the West Coast. Like its predecessor, this business is grounded in a long-term focus on steady growth over short-term profits, and a commitment to treating customers well. This company’s highly replicable, systems-focused business model has produced success when implemented with discipline.
The founder is well known in the industry and has a broad and deep business network. His skill at spotting deals allows the company to pass good prices along to the customer. For the right buyer, the seller is willing to remain for a time in an advisory role after the sale. This sale presents an opportunity for an aggressive buyer interested in building business, and who recognizes the immeasurable value of the founder’s skill and experience.
Asking Price: $1,995,000
Gross Income: $21,761,464
Cash Flow: $632,971
FFE: Bay Area $25,000
Central Valley $18,000
Inventory: Used car inventory not included in price
Reason For Sale: Retirement
Training & Support: Training Included
Year Established: 2013,2014
Operating Hours: Central Valley Mon-Sat 930am to 7pm, Sun 10am-6pm
Bay Area Mon-Sat 930am to 7pm, Sun 11am to 5pm
General Location: Bay Area, Central Valley
Square Footage: Central Valley – Modular building on 2 acre lot
Bay Area – 5000 sf building on 1.6 Acre lot.
Home Based?: No