MergerPlace

$5MM In Revenues: Profitable Used

Connecticut (Litchfield)


  • Asking Price: $325,000
  • Gross Income: $4,757,516
  • Cash Flow: $163,955
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $14,000
  • Listing ID: #214715
  • Established: 2013
  • Employees: 8 FT

Business Description

Great location, great reputation and great business model: This full service used vehicle dealership consistently generates $5mm per year in revenues.
This well-respected, long-time Used Vehicle business generates $5mm revenues. Real Estate available for lease or purchase. Specializes in trucks and commercial vehicles and offers a full array of high-end cars and SUVs.
Lot inventory not included.
Excellent books and records. Business pre-qualified for Lender financing.


Business Details

Primary Business Category: Retail Trade - Motor Vehicle & Parts
Location: Connecticut
County: Litchfield

Company Information

Year Established: 2013
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 8 FT

Financial Information

Asking Price: $325,000
Gross Revenue: $4,757,516
Cash Flow: $163,955
FF&E: $14,000
Seller Financing Available: No

Property Information

Facilities:

Two entrances, well-situated at the crossroads of three high volume routes. Real Estate available for lease ($6,000/mo NNN) or purchase. 2,650 sq ft, four-bay commercial building with lot that fits 50 vehicles.

Growth & expansion opportunities:

New owner/operator could keep existing business model and market niche or bring his own.

Reason for selling:

Owners moved out of state.

Support & Training:

Will train for 4 weeks @ no cost.

Contact Business Seller

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Business Listed By:

Alan Zinser

Murphy Business Brokers