High-end Used auto dealership
Asking Price: | $300,000 |
Gross Revenue: | $4,319,346 |
Rent: | $12,000/Month |
Established Year: | 2016 |
Cash Flow: | $207,000 |
Inventory: | $1,200,000 |
EBITDA: | $207,000 |
This auto dealership started its Texas operation in 2016. It is located in a fast growing part of the far north DFW metro area. They maintained excellent growth and gross margins over the past 4+ years. They specialize in European makes and models and offer many luxury vehicles that are rather popular in the Dallas-Fort Worth area.There are avenues for growth, such as hiring mechanics. This will allow for better margins, customer retention, and the ability to offer more generous warranty options.The current sales staff is excellent, and there are three highly effective salespeople in total. Ultimately, the ideal buyer is someone who understands the auto industry and genuinely loves cars. It is a great expansion opportunity for an existing dealership owner who is interested in offering certified pre-owned (CPO) vehicles and/or expanding to offer more luxury European models. This business utilizes outdoor lot with awnings and indoor showroom.
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