Hot Listing

Independent Honda and Acura Sales and Service

Asking Price$3,950,000

Cash Flow
$748,000

EBITDA$748,000

Gross Revenue$4,200,000

Inventory$25,000
Included in asking price
FF&E$65,000
Included in asking price
Real Estate$1,750,000
Included in asking price
DEALERSHIP
LOT DISPLAY
SHOWROOM
DEALERSHIP
SERVICE DEPARTMENT
BOOK KEEPER OFFICE
EXECUTIVE OFFICE
EVECUTIVE OFFICE
DETAIL SHOP
CUSTOMER WAITING AREA
STORAGE
DETAIL SHOP
SHOWROOM
LOT DISPLAY
SHOWROOM
AWARDS
DEALERSHIP
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Hot Listing

Independent Honda and Acura Sales and Service


Asking Price$3,950,000

Cash Flow
$748,000

EBITDA$748,000

Gross Revenue$4,200,000

Inventory$25,000
Included in asking price
FF&E$65,000
Included in asking price
Real Estate$1,750,000
Included in asking price

Seller Financing Available
Business Description
Well Established Pre Owned Dealership and Service Business
Rare find, closest opportunity to a franchised dealership. Specializing in sales and service of Honda & Acura vehicles since 1983.Very clean and modern facility with a Impeccable reputation, with over 1000 5 star verified reviews on SureCritic. A+ rating with the BBB and we were awarded top dealer again this year with Carfax. Located on the Berlin Turnpike, a significant north-south artery, that has a heavy concentration of retail, restaurants and consumer service businesses. visit us at absoluteautocenter.com.
About the Business
Years in Operation
42
Employees
6
Facilities & Assets
Showroom building with two offices, service & parts department. Three bathrooms . Owners office has private bathroom with shower. Four service bays with lifts. All with a/c and radiant heat. Twenty-five 10x 20 garages for inside storage and vehicle display. Additional turn key four bay service and detail shop with 1 lift, compressor and motor oil delivery system.
Market Outlook / Competition
Located in the center of the state, on the Berlin turnpike. Close to four major highways. We have been a great alternative to the three local Honda and Acura franchises for 42 years .
Opportunities for Growth
Presently there is one car salesman and an average of forty vehicles for sale. There is adequate space for one hundred vehicles and three or four sales people . There is also the possibility of constructing a second floor above the detail shop. This will add 2100 s/f for offices or storage.
Cash flow for last year is based on vehicle sales of 200 units for the year and service department profits. There is the potential to at least double the current numbers. The potential for growth is tremendous.
Real Estate
Owned or Leased
Owned
Included in asking price
Building Sq. Ft.
10,879
About the Sale
Seller Motivation
owner is retiring.
Transition Support
Will work with buyer to stay on for a smooth transition. Vehicle inventory is not included in asking price. Please do not contact the business directly.
Financing Options
Will consider partial owner financing
Listing Info
ID
2066555
Listing Views
10043
Business Location

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Business Listed by: carl ciarcia

Listing ID: 2066555 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.