VENDOR FINANCING MAY BE AVAILABLE

This is a perfect acquisition opportunity for a minority managing partner/GM looking to venture out on their own. Or an aspiring franchised dealership owner.

This franchised dealership is a multi-generational store and has been owned by the family for decades. The reason for selling is the current dealer wants to apply his energy to, and expand his real estate portfolio.

The current GM/operator has been at the store for almost 5 years now and as you will see does a pretty good job in running the business. He is aware of a potential sale and has stated that he may be willing to stay on board subject to the employer and his role/compensation.

As for the facility, its sits on approximately 1 acre of land and hosts the building which has a footprint of 8900 SF. The dealerships contains 6 shop bays and in addition, they currently rent a two-bay shop just down the road for $750 which is month to month. The current estimated value of the real estate is $2.95M though there is no current appraisal present and there are no known of environmental issues but no recent site assessments have been completed.

This store has a fantastic reputation winning numerous awards and hosting a 4.9 Google rating on over 1300 reviews. In addition, the store is the top ranked store in the region when it comes to sales effectiveness & customer satisfaction. This truly is store that has been ran by a family that cares about their community and their employees, of which 18 have been with the company for over a decade.

The ask with respect to Blue-Sky is $2.25M. Additionally, they would prefer to sell the Real Estate but would consider a triple-net lease or possibly vendor finance the real estate for the right candidate which can be negotiated.

If you have any further questions, please don’t hesitate to reach out to me.