MergerPlace

High Volume Pre-Owned

Pennsylvania (Chester)


  • Asking Price: $150,000
  • Gross Income: $4,035,299
  • Cash Flow: $137,714
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $12,000
  • Listing ID: #209446
  • Established: 2001
  • Employees: 6 FT

Business Description

Profitable, Established Pre-Owned Auto Business in Prime Greater West Chester location! This 17 year old award winning business enjoys a strong brand, industry recognition and customer base with a track record of generating over $4 million in top line revenues. This turnkey operation is primed and ready for higher growth and profitability with an excellent high traffic location, dynamic website, loyal customer base, signage, service bays and well trained team. Business can be sold with or without auto inventory. This deal will not last very long ... very motivated seller!


Business Details

Primary Business Category: Services - Other Services
Location: Pennsylvania
County: Chester

Company Information

Year Established: 2001
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 6 FT

Financial Information

Asking Price: $150,000
Gross Revenue: $4,035,299
Cash Flow: $137,714
FF&E: $12,000
Seller Financing Available: No

Property Information

Facilities:

This business is situated on 0.45 acres with 2 stand-alone buildings on a high traffic route. The updated customer showroom, sales offices and office storage is housed in a 3,000 sq ft building while a 3 garage bay 4,000 sq ft facility offers 3 lifts, office/lunchroom, parts stockroom and car detailing area. The car lot provides ample space to showcase 90+ cars with a vehicle display ramp. The Real Estate is available for purchase or lease with lease duration & terms negotiable.

Growth & expansion opportunities:

This established business continues to operate on all cylinders. Continued growth can be achieved through maintaining a strong sales team, maintaining/enhancing marketing program(s), maintaining a strong technology prowess, a strong blend of inventory and potential adoption of "buy here, pay here" programs.

Competition:

The used vehicle market has been robust for many years as evidenced by sales estimates in excess of 40 million vehicles in 2018. The strong demand has been strengthened by low interest rates, low unemployment and a strong rebound in the economy. This business is perfectly situated to take advantage of this strong car-buying environment through outstanding daily traffic counts, excellent location, access to diverse customer base and strong brand recognition.

Reason for selling:

Owner retirement.

Support & Training:

Will train for 2 weeks @ no cost This business sells pre-owned vehicles and requires multiple licenses to successfully operate including Motor Vehicle Sales License, Dealer License, Banking License, Insurance and Penn DOT tag agency credentials. Additionally, experience in the pre-owned vehicle market a decided advantage.

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Business Listed By:

Marwan Nabulsi

Murphy Business Brokers