High RIO Automotive Franchise in Los Angeles, CA
Los Angeles, CA
| Asking Price: | $5,500,000 |
| EBITDA: | $2,200,000 |
| Cash Flow: | $8,750,000 |
| Established Year: | 1997 |
Listing ID: 2284210Listing provided by BizBuySell
BUSINESS DESCRIPTION
Multi-Unit with Dependable Cash Flow and Minimal Oversight
Disruptive automotive franchise with a B2C focus. Simple, repeatable operations generating strong cash flow with 70+% repeat customer rates. Located in retail-dense trade area with the following characteristics:
- 1,600 Sq. Ft. freestanding building with 90 feet of retail frontage on a main road
- Over 35,000 vehicles per day passing by the site on average
- Full access and visibility from the traffic light
- 3 mile household income averaging $85,000
- 3 mile population north of 125,000"
DETAILED INFORMATION
Location
Los Angeles, CA
Inventory
Not Included in asking price
Building SF
1,600
Employees
10
Facilities
Low FF&E with low and predictable maintenance costs.
Competition
Excellent, differentiated customer experience produces high repeat customer rates; quickly gaining market share in a highly fragmented segment of the automotive market.
Growth & Expansion
Top line grows at a healthy rate year over year due to high retention of existing customers and continued investment in new customer acquisition.
Support & Training
Full suite of training programs and support provided to ensure smooth operations. Marketing support teams leverage data collected throughout the customer journey to drive repeat business and win new customers.
Franchise
This business is an established franchise
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