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Lucrative Pandemic-proof Bus! Turn-key. Stunning ROI

North Aurora, IL
Asking Price:$300,000
Established Year:2018
Gross Revenue:$1,100,000
Listing ID: 2083873Listing provided by BizBuySell
BUSINESS DESCRIPTION

Esatablished Used Car Dealer Kane County IL- Owner/Operator retiring

Lucrative owner-operated auto dealership with a niche market selling an average of 12 units a month. Astounding SDE and ROI for self-operator/owner. Absolute NNN.
STRATEGIC LOCATION - located in Kane County in close proximity to I-88 at a high-traffic intersection on a four-lane 35mph road with excellent exposure, easy access.
HIGH TRAFFIC COUNTS - retailer presence anchored by hospital and community center includes Culver’s, Dunkin Donuts. Popeye’s, Walgreens, Speedway, Exxon, Starbucks (coming soon) contributing to its 42,000 traffic counts.
HIGH VISIBILITY - Large signage, minimal road set-back, traffic-light flow and speed-limit increase high visibility of inventory.
CAPACITY - Over one acre lot hosts a 624 sq ft updated office building. Half of lot is paved hosting a typical inventory of at 40+ cars/trucks. Actual capacity 60+.
EXPANSION POTENTIAL – Capacity could more than double if unpaved back area was utilized as a gravel or paved lot. Funding opportunity for expansion…Located in TIF District.
100K IN CAPITAL IMPROVEMENTS – Roof, Siding, Repaving, Lighting, Security System…
LOW TAXES. LOW UTILITIES. LOW RENT.

If interested in more information such as FFE, and financial reports, Pro-forma (3 yrs), and OM Summary, please sign Non-disclosure and provide (acct#redacted) POF. Email or call the exclusive listing agent Genevieve Padula of FOXBOROUGH REAL ESTATE.No seller financing. Do not miss this incredible opportunity.
Due Diligence (30days) requires buyer to receive State of Il Car Dealer License to operate & City Permit to operate.

ATTACHED DOCUMENTS
Car Dealership Flyer 3-23 SDE.pdf.pdf Download
FFE LIST for Car Dealership.pdf.pdf Download
Non disclosure agreement form 2pg.pdf.pdf Download
DETAILED INFORMATION
Location
North Aurora, IL
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
624
Employees
1
Facilities
Turn-key business is ready, set, sell. All furniture, fixtures and equipment included along with computer, software, security, key safe, service equipment, Rhino prep dome. Low taxes, utilities, rent. Great exposure, LED light posts. 2 pacel lot with a current capacity of 60 cars could easily double if rear half of lot were paved and utilized...grow to over 120 capacity. Located in a TIF district of this cooperative city for funding opportunity of aesthetic improvements, paved lot area. See Brochure for more details and FFE list.
Competition
High traffic counts of 42,000. National retailers include Culvers, Dunkin' Donuts, Popeye's, Denny's, Walgreens, Exxon, Speedway, Starbucks (coming soon). Only independent car dealership in the city. Major Auto makers Franchises are a nearby draw for car buyers. This business supports a different niche market than Major Auto makers Franchises are a nearby (3 miles) which draw car buyers to the area.
Growth & Expansion
See brochure for Expansion possibilites....
Financing
Cash
Support & Training
Two weeks transition/training if needed/requested.
Reason for Selling
Owner retiring.
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Genevieve Padula
Phone Number
Genevieve Padula
Call Phone