Please ensure Javascript is enabled for purposes of website accessibility Established Used Automobile Dealership with Real Estate | Jeffrey Hoag | Transworld Business Advisors

Established Used Automobile Dealership with Real Estate

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
Established Used Automobile Dealership with Real Estate

Contact Agent:

Jeffrey Hoag
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