Franchise Dealership, ATV's and Pre-owned Hi end SUV's & Service Dept

Asking Price$2,750,000

Cash Flow
$500,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$2,000,000

Inventory$500,000
Included in asking price
FF&ENot Disclosed

Real Estate$1,500,000
Included in asking price
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Franchise Dealership, ATV's and Pre-owned Hi end SUV's & Service Dept


Asking Price$2,750,000

Cash Flow
$500,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$2,000,000

Inventory$500,000
Included in asking price
FF&ENot Disclosed

Real Estate$1,500,000
Included in asking price
Business Description
Franchised Auto Dealership with hi end SUV's and Toys/ATV's for Wealthy customer
Well established franchise dealershi only 2 in NC. Only large sales & service center for premier SUV manufacturer within a 2 hour radius. Wealthy customer base with second home owners in resort areas. Parent company was established in 1984 ad opened this point of sale in 2013. This is the last store of the group as the principal sold his other Florida stores and is ready to retire. This store is close to his second home. 10,000 SF building on premium corner lot worth in excess of $1.5 Million included in ask price of $2.75 Million. Buyer will have to qualify for the franchise and floor plan lender. Service department is very profitable. The equipment and inventory of vehicle parts and vehicles is $500,000 in other assets - seller willing to keep some or all inventory to make deal work. A tire store within walking distance sold for $5.3 Million last year. The majority of the business are CASH Sales. Some classic car sales as well. Seller is open to a 1031 Like Kind Exchange. Motivated Seller looking to retire. Receptive to fair and reasonable offers.
About the Business
Years in Operation
12
Facilities & Assets
1031 Like Exchange Property will be considered
Real Estate
Owned or Leased
Owned
Included in asking price
Building Sq. Ft.
10,000
Listing Info
ID
2416538
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Business Listed by: Sunbelt Charlotte Sunbelt Business Brokers Charlotte

Listing ID: 2416538 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.