Description of the business for sale
Well established, 13 year old domestic multi-franchise automobile dealership, 20 minutes from a major 3 state metro area. Annual sales of $18,000,000+ for the past 3 years. Excellent location and reputation with interstate accessability within 1/10 mile.
No owner financing available.
For additional information, see www.bbnbrokers.com, listing #BBN 1652-0010
SIC code 5511, automobile dealer
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Support / Training provided by seller
Owners are willing to maintain on site support for up to 6 months in current capacities at current salaries in positions of comptroller/office manager, sales manager and general manager
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Description of the facilities
Modern, well maintained, full service facility with 14 service bays, parts dept and showroom, built in 1990. Sales lots for new (200+) units and used (appx 50) units. Real estate will comprise appx $2,000,000 of total sale price, building value of appx $1,000,000 from 2002 appraisal. Room for facility expansion, if necessary. Blacktopped sales lots.
Owner prefers to sell real estate within the package, however, will entertain a lease agreement for the building.
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