MergerPlace

Successful and Growing Auto Sales Broker

Montana (Lewis and Clark)


  • Asking Price: $375,000
  • Gross Income: $2,532,955
  • Cash Flow: $125,377
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $25,000
  • Listing ID: #218183
  • Established: 2005
  • Employees: 3 FT / 2 PT

Business Description

This Automotive Dealership specializes in helping those individuals who require more attention during the purchase process. The owner, who has over 45 years of experience in the industry, was inspired to create a new way of selling preowned vehicles, one that not only informs clients of a selected vehicle's distinct qualitative differences, but also gives clients confidence in making the purchase. Educating clients has turned prospects into satisfied customers and built repeat business. Satisfying the client is the foundation and central feature of the Dealership's business, achieved by delivering a vehicle, sourced from all over the country, that matches their needs and dreams.


Business Details

Primary Business Category: Services - Other Services
Location: Montana
County: Lewis and Clark

Company Information

Year Established: 2005
Home Based: No
Franchise: No
Relocatable: Yes
Number of Employees: 3 FT / 2 PT

Financial Information

Asking Price: $375,000
Gross Revenue: $2,532,955
Cash Flow: $125,377
FF&E: $25,000
Seller Financing Available: No

Property Information

Facilities:

The business operates out of a low-rise office building with access to the principal east-west commercial street that runs through Helena, the capital of Montana. Its offices are comfortable, contemporary and fully equipped with modern technology. The space is approximately 1,200 sq. ft. with private office areas for consulting with clients.

Growth & expansion opportunities:

The company has a protected, trade-marked brand and automotive consulting brokerage service that bridges the communication gap between automotive buyers and sellers. The dealership currently has a customer base of about 2000 happy customers. Sixty percent of the business comes from referrals and about seventy percent of customers are female. It is a business that can be easily expanded to grow in other locations by replicating its consulting methods and processes to take advantage of the fractured automotive market environment.

Competition:

There is no direct competitor in the consultative sales space in the region. There are about 14 traditional auto dealerships in Lewis and Clark County and none in the adjacent counties. National dealership chains are a source of price competition as well as websites such as AutoTrader, Cars.com, etc.

Reason for selling:

Owner wishes to devote his time to community activities and retire.

Support & Training:

Will train for 26 weeks @ $30,000 The company offers a service to clients and is appropriately licensed by the state. The ideal new owner of the business should have an established portfolio of skills in the automotive industry, from sales to administration to finance. A passion for customer service as well as good communication skills and technical ability are necessary.

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Business Listed By:

John Maslanik

Murphy Business Brokers