Auto Dealership, Quality Pre-Owned Vehicles - Philadelphia, PA.
Business Description
Located in Philadelphia, PA, this bustling and profitable auto dealership boasts two locations with an average inventory of 180 cars. The business enjoys a strong following, bolstered by outstanding online ratings and reviews. Specializing in quality used vehicles, the dealership offers warranties and bank financing. With attractive storefronts that have excellent curb appeal and visibility, it successfully moves an average of 70 cars monthly, ensuring robust cash flow and profit margins.
The dealership's inventory includes mid to high-end cars, trucks, and SUVs, earning significant brand value and positive name recognition. It benefits from a powerful online presence, effective marketing strategies, and a well-established reputation. The business is supported by a competent sales and finance team, along with adept management overseeing daily operations. As an independent dealership, it holds franchise status with all lending banks for customer loans and offers a $3 million floor plan for inventory financing available to prospective buyers.
Due to family-related relocation, the current owner is seeking to sell the business. The owner, fulfilling the role of general manager, is supported by an assistant GM and floor management for sales and finance. The seller is committed to facilitating a smooth transition post-sale as required.
The dealership's inventory includes mid to high-end cars, trucks, and SUVs, earning significant brand value and positive name recognition. It benefits from a powerful online presence, effective marketing strategies, and a well-established reputation. The business is supported by a competent sales and finance team, along with adept management overseeing daily operations. As an independent dealership, it holds franchise status with all lending banks for customer loans and offers a $3 million floor plan for inventory financing available to prospective buyers.
Due to family-related relocation, the current owner is seeking to sell the business. The owner, fulfilling the role of general manager, is supported by an assistant GM and floor management for sales and finance. The seller is committed to facilitating a smooth transition post-sale as required.
About the Business
- Years in Operation
- 12
- Employees
- 19
- Facilities & Assets
- Two highly visible car lots with very nice stores.
- Market Outlook / Competition
- Competitive market drives lots of traffic to this area.
- Opportunities for Growth
- good growth can continue with continued marketing and good inventory management
Real Estate
- Owned or Leased
- Leased
- Rent
- $21,000.00 per month
About the Sale
- Seller Motivation
- family relocation
- Transition Support
- Good management to transition with a buyer. Seller will assist short term after a sale.
- Financing Options
- Bank acquisition financing possible for qualified buyers.
Listing Info
- ID
- 2301850
- Listing Views
- 5051
Listing ID: 2301850 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
Businesses for SalePennsylvania Businesses for SalePennsylvania Auto & Automotive Businesses for SalePennsylvania Auto Dealers Businesses for Sale