Established highly visible independent used car lot

Salt Lake County, UT

Seller Financing Available

listing image
Asking Price:$560,000
Rent:$13,500/Month
Established Year:1986
Gross Revenue:$6,000,000
EBITDA:$230,000
BUSINESS DESCRIPTION

Great sized lot, 5 service bays, 3 lifts, and a detail bay.

The Company was founded in 1986, and has established itself as an honest used car dealership, with a profitable service business which focuses on sales service, repair, emissions, and One Stop. The service facility includes 5 bays, 3 lifts, and detail bay. This dealer is at prime location with state of art website and repair equipment . This offer includes all equipment furniture and not including any auto inventory.


DETAILED INFORMATION
Location
Salt Lake County, UT
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
7,500
Lease Expiration
01/10/2028
Employees
9
Facilities
Large lot, big showroom, 4 offices, 3 sales offices, 5 service bays, 1 detail bay. All business owned FF&E.
Growth & Expansion
Expansion is limited to how many cars you can fit on the lot.
Support & Training
160 hours.
Reason for Selling
I have other businesses I need to devote more time too.
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Bret Parkinson
Bret Parkinson