Listing Number: 9525-244040
Description
This is your opportunity to get into the car business with this reputable dealership that boasts almost $1.5 Million in annual sales. Same owner and location for 21-years. Located in Chester, VA, they offer a diverse selection of quality pre-owned vehicles at competitive prices. Owner willing to assist buyer in obtaining a Dealer's License in less than 30-days making this the perfect opportunity for someone wanting to enter this lucrative profession.
NIADA and VIADA membership in good standing since 2007 with 4 industry awards! The business boasts a 40% repeat customer business and serving three generations of customers. Excellent lease on a lot with room for 50 cars.
Experienced lot manager and salesman is willing to stay with business, making semi-absentee ownership possible.
Seller will introduce buyer to exclusive car supplier relationship.
Listing Details
- Price: $599,000
- Down Payment: $599,000
- Sellers Discretionary Earnings: $289,000
- Total Sales: $1,400,000
- Location: Chester City, Virginia
- Inventory: $0
- FF&E: $25,000
- Employees:
- Reason for Selling: Owner retiring after 21 years of continuous operation in the same location
- Category: Automotive
