Established Used Automobile Dealership with Real Estate

Muskegon County, MI

Seller Financing Available

Asking Price:	$410,000
Gross Revenue:	$1,292,185
FF&E:	$5,000
Established Year:	1980

Cash Flow:	$12,034
Inventory:	$285,000
Real Estate:	$355,000

Listing ID: 2236543Listing provided by BizBuySell

BUSINESS DESCRIPTION

Used Automobile Dealership with RE

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.

DETAILED INFORMATION

Location

Muskegon County, MI

Inventory

Included in asking price

Real Estate

Owned

Included in asking price

Building SF

2,000

Employees

Furnitures, Fixture & Equipment(FF&E)

Included in Asking Price

Facilities

The dealership's real estate includes over 9 acres of land, providing ample space for vehicle display, storage, and expansion. Additionally, the property features a 2000 square foot building with office space, 3 service bays, and customer amenities. This prime location offers immense potential for future development and growth opportunities. The building is constructed on 4.79 acres of land with municipal water and a recently updated drainfield. The sale includes an adjacent undeveloped 4.47-acre parcel for a total road frontage of nearly 290 feet.

Competition

Despite being in operation for 40 years, this dealership continues to thrive in a competitive market. Its success can be attributed to several key factors: 1. Reputation: The dealership has built a strong reputation for honesty, integrity, and reliability. Customers trust the dealership to provide quality vehicles and exceptional service. 2. Wide Selection: With a diverse inventory of used vehicles, ranging from economy cars to luxury SUVs, the dealership caters to a broad spectrum of customers' needs and budgets.

Growth & Expansion

While the dealership has enjoyed considerable success over the years, there are several opportunities for further growth and expansion: 1. Online Presence: Investing in digital marketing and e-commerce capabilities can help the dealership reach a wider audience and attract customers from beyond its immediate vicinity. 2. Expanded Services: Diversifying the range of services offered, such as additional financing options, vehicle detailing and customization, can enhance customer satisfaction and loyalty.

Support & Training

# of Weeks Seller Will Offer Training: 4

Reason for Selling

Retirement

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