VERY Profitable Used Car Dealerships with Mechanic Shop for SALE!

Baltimore, MD

Seller Financing Available

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Asking Price:$900,000
Gross Revenue:$3,282,636
Rent:$143,333
FF&E:$150,000
Cash Flow:$317,586
Inventory:$810,000
EBITDA:$262,585
Established Year:2002
BUSINESS DESCRIPTION

Profitable main street business with growth potential!

Discover an exceptional business opportunity with this renowned two-location used car dealership and mechanic shop in Maryland. Established in 2002, this business is celebrated for its competitive pricing and flexible financing options, distinguishing it from local competitors. The sale includes two leased, fully-equipped facilities covering 27,000 square feet, with assets such as a tow truck, paint booth, three lifts, and a frame machine. Opportunities for growth abound, including expanding operations at the spacious second location and diversifying services at the mechanic shop.

With an annual revenue of $3,282,636 and an EBITDA of $262,585, this business generates a robust cash flow of $317,586, ensuring a lucrative investment. The attractive sale price of $900,000 includes substantial inventory valued at $810,000, with seller financing options available, subject to negotiation. The workforce of three full-time and four part-time employees ensures seamless operation during the ownership transition. The current owners are committed to a smooth handover, offering up to six months of training and support.

This opportunity is perfect for ambitious new owners ready to inject fresh energy and capitalize on existing foundations for future growth. Motivated by health issues and retirement, this sale presents a rare chance to acquire a reputable enterprise with a strong market position. Don't miss the opportunity to own a dynamic business with significant potential in the automotive industry. Additionally, the business benefits from an extra $230,000 in cash flow annually through a partnership with Credit Acceptance, offering ongoing opportunities for revenue enhancement. (this income is not reflected in the figures above)


DETAILED INFORMATION
Location
Baltimore, MD
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
270,000
Employees
7
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The two locations both have fully equipped office spaces to be operated out of. The mechanic shop has a tow truck, installed paint booth, 3 lifts and a frame machine.
Competition
The main competition are other smaller dealerships around but this company stands out with it's competitive pricing and the financing options that it offers.
Growth & Expansion
Younger, more energetic ownership could expand operations further/ Potential for increased sales at second location due to additional space. Opportunity to utilize the mechanic shop and paint booth for external repairs and more service work.
Financing
Terms to be negotiated
Support & Training
Current owners are willing to stay on board for up to 6 months to help with training and support.
Reason for Selling
Health issues and retirement
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Semir
Osmanovic
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Semir Osmanovic