Established Pre-Owned Truck Sales Business
| Asking Price: | $1,350,000 |
| Inventory: | $1,500,000 |
| Gross Revenue: | $6,300,000 |
| Established Year: | 2016 |
Established Pre-Owned Truck business with two locations in Eastern Oklahoma. The Broken Arrow location has served the Tulsa metro for over two decades and the second, newly opened location has served the Tahlequah region for just over a year. The business specializes in the sale of all models of ½ ton, 3/4 ton and 1-ton pickups.
• Great reputation and Buyer reviews
• Strong Referral and Repeat business.
• Low overhead
• High gross margin
• Strong Cash flows
• Robust Internet Sales
Both locations are leased and boast high traffic counts with highway access and very high traffic counts. The current owner has made significant investment in an internet presence, and this has grown the trading area to all surrounding states. Each lot can display 18-25 units with individual inventories valued at just over 750k. Sales average at both locations 18-22 units per month driving consistent inventory turns. The Broken Arrow dealership employs a sales manager, lot porter, part time bookkeeper and an inventory buyer and the owner has scaled his time in the business to 15-20 hours per week. The locations operated independently of one another but do share inventory buying and bookkeeping resources. All staff are expected to remain, which could allow semi-passive ownership. The owner is selling due to retirement but is willing to negotiate a transition arrangement.
