Listing Number: 60351-230218
Description
Don’t miss this incredible opportunity to own a well-established used car dealership located in the heart of West Michigan. With over 43 years of successful operation, this dealership has built a strong reputation for reliability, honesty, and exceptional customer service, all while maintaining consistent sales revenues. This transaction includes the business and prime real estate comprised of over 9 acres of land and a 2000 square foot building. Vehicle inventory is also being offered as part of the sale, but is not included in the asking price. Average vehicle inventory is approximately $300,000.
The Owner works in the business approximately 30 hours per week and has two part-time employees who work a total of 22 hours per week. Primary Owner responsibilities include sales, inventory acquisition and general business activities. The dealership is open 5 days a week, including limited weekend hours.
Listing Details
- Price: $410,000
- Down Payment: $328,000
- Sellers Discretionary Earnings: $12,034
- Total Sales: $1,292,185
- Location: Muskegon County, Michigan
- Inventory: $285,000
- FF&E: $5,000
- Employees: 2
- Year Established: 1980
- Reason for Selling: Retirement
- Category: Automotive
