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Profitable Used Car Dealership For Sale
Location: United States -> South Carolina -> Sumter
Industry: Retail > Other Retail




Business Summary

In the heart of South Carolina in fast growing part of city on a major highway 50,000+ cars drive by this location a day. Between Toyota and Chrysler Stores.

Location was previously occupied by a large franchise dealer. Market lease for this property is $11,000-$12,000/month. When buying this dealership you are guaranteed a $4,500/month preferred lease rate for 3 years. Approximate savings from the lease alone are $261,000 exceeding the asking price for the business.

Building:
• Showroom with reception area, 6 offices, space to display 3 cars inside
• Spacious back office for accounting & title personnel
• Dealer Principal's office
• lunch room & more
• 2 story Parts Dept.
• Service Dept. with 12 clean bays

Approximate area of dealership is 4.6 acres with a paved area large enough for 200+ cars. 450 feet of frontage along major highway

Great centralized location:
• Columbia - 30 miles
• Florence - 37 miles
• Myrtle Beach - 69 miles
• Charlotte - 108 miles
• Charleston - 89 miles
• Fayetteville - 125 miles

Business is 2 years old and has been profitable since first month in business and consistently sells 45-55 cars per month with an average profit of $2,000 per deal (front end). We are on track to do $2.2 million in sales for this fiscal year.

For an extra $20,000 this sale package comes with 5 day, 40 hour proprietary phone sales training and marketing techniques proven to work in this market and bring customers to the dealership.

We receive from 40-120 phone calls per day.

3 miles from Continental Tire (3,000+ employees). 9 miles from an Air Force base. 30 miles from an Army base. 6+ other bases within driving distance.

Several Dealer Car Auctions are within a reasonable driving distance. Manheim auction is only 40 miles away.

Included in the sale is a portfolio of Buy Here Pay Here accounts totaling $40,000-$50,000 in receivables.

This offer is priced for quick sale and is an incredible bargain. Owner retiring and movi


Financials

Asking Price Range:  $250K - $500K
Gross Revenues:   $1,792,000
Cash Flow:   $162,000
Cash Flow Type:  EBITDA
Seller Financing:  Not Disclosed

About The Business

Year Established:  2013
Number of Employees:  1 - 3
Relocatable:  Not Disclosed
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Sale

About The Sale

Management Training and Support:  For an extra $20,000 this sale package comes with 5 day, 40 hour proprietary phone sales training and marketing techniques proven to work in this market & bring customers to the dealership.
Reason For Selling:  Moving out of state.




Print Listing Id: 700223625
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Related Searches: Catalog and Mail Order Retail  >  Clothing and Footwear Retail  >  Computers and Electronic Equipment Retail  >  Convenience Stores Retail  >  Florist Retail  >  Health and Beauty Supplies Retail  >  Home and Garden Retail  >  Movie Rental  >  Wedding and Formal Rental  >  Other Retail  > 

Also See: Franchise Opportunities > Franchise Resales > South Carolina Businesses For Sale > South Carolina Franchises For Sale > South Carolina Business Brokers



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