*Highly Motivated Seller* High Traffic Used Car Dealership - West, MI
| Cash Flow: | $177,848 |
| Inventory: | $957,405 |
| Real Estate: | $1,650,000 |
| Gross Revenue: | $3,525,609 |
| FF&E: | $163,098 |
| Established Year: | 1963 |
Located in the Lakeshore Community in West Michigan, the Company is a premier used car dealership offering a wide selection of pre-owned vehicles, collector cars, and a dedicated automotive services division. With a rich history spanning much of the 20th century, the Company has garnered extensive experience, enabling it to adeptly navigate any challenges it faces.
The Company distinguishes itself from the competition by providing a range of vehicles, from everyday used cars to vintage classics. This is complemented by effective business processes, a strong online presence, and a proprietary customer database. Additionally, the Company's long-standing relationships with suppliers and compliance track record form a solid foundation for continued business growth and expansion.
The current ownership operates out of two facilities: the main facility, which houses the service department, offices, and dealership, and a secondary facility primarily used for storage. As the owner prepares for retirement, he has developed a succession plan to ensure a smooth transition of leadership. Committed to the Company's continued success and growth, the owner is willing to stay on part time for a few years post-closing. Ownership is seeking a buyer who can lead the Company into its next phase of growth and continue its legacy in Michigan.
Along with being ideal for car dealerships, the facility would also be a prime location for a full-service auto repair center or a powersports dealership.
Buyers will be required to have a minimum of $500,000, solid credit, and preferably industry experience to qualify for financing.
Thank you for reading this overview. The extent of the information that we are publicly permitted to reveal about this opportunity is contained in this overview. Please submit your contact information in the provided form. We have automated the processing of NDAs and sending of information for speed and efficiency. You will be sent a link to our online NDA. IF YOU DO NOT RECEIVE THE NDA LINK, PLEASE CHECK YOUR JUNK MAIL. If the email cannot be found, please email info@caldergr.com.
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