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Established Highly Profitable Pre-Owned Auto Dealership!!!

Delaware County, PA

Established Highly Profitable Pre-Owned Auto Dealership!!!
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Asking Price: $140,000

Cash Flow: $91,542

Gross Revenue: $1,247,557

EBITDA: N/A

FF&E: $5,000

Inventory: N/A

Real Estate: $540,000*

Established: 2004

*not included in asking price.

Established Highly Profitable Pre-Owned Auto Dealership!!!

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Business Description

This is an opportunity to purchase an independent pre-owned auto dealership in Delaware County, PA. In business for almost 15 years, the dealership has earned a solid reputation by providing exceptional service and quality pre-owned vehicles at a fair price. Online reviews are excellent, with most of the reviews showing 5 stars. Strong track record of annual sales averaging $1.25 million. There is a strong opportunity to increase sales and grow with a “buy here, pay here” program.

The business operates from a 15,000 sf lot including a 1,150 sf showroom and offices on a high traffic (approx. 15,000 vehicles/day), slow speed limit street. The property accommodates up to 40 vehicles. The real estate may be purchased separately for $540,000. In addition, the inventory may also be purchased as part of the sale but is not included in the asking price.

The owner is looking to retire after many years in the industry but will stay to provide a smooth transition for a negotiated timeframe.

This business sells pre-owned vehicles and requires multiple licenses to successfully operate including a Motor Vehicle Sales License, Dealer License, Insurance and Pennsylvania DOT tag agency credentials.

Detailed Information

Location:
Delaware County, PA
Real Estate:
Owned
Not included in asking price
Building SF:
1,150
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The business operates from a 15,000 sf lot including a 1,150 sf showroom and offices on a high traffic (approx. 15,000 vehicles/day), slow speed limit street. The property accommodates up to 40 vehicles.
Competition:
The used vehicle market continues to be vigorous with an excess of 39 million vehicles sold in the U.S. in 2018. Continued low interest rates, low unemployment and a strong economy will continue to fuel the industry. With the excellent reputation, location as well as the high vehicle traffic counts, this business is primed to take advantage of these factors.
Growth & Expansion:
Sales for this dealership could be easily increased by adopting a “buy here, pay here” program.
Support & Training:
Owner will stay on for a negotiated period of time for a smooth transition
Reason for Selling:
Retirement
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Jamie Burdette

Business Listed By:
Jamie Burdette

BBDC

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business.


Sponsoring Broker:
Toby Barker

Listing Statistics

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Demographic Information

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