Specialized Retail Dealer of Pre-Owned Vehicles - Central Texas
Gross Revenue: | $61,000,000 |
EBITDA: | $1,960,000 |
Real Estate: | $5,600,000 |
Inventory: | $8,800,000 |
FF&E: | $3,800,000 |
Established Year: | 2007 |
Focused on late model vehicles still under factory warranty, they are renewed internally and presented to the market in “as-new” condition. Significant additional profits derived from a captive re-insurance company (approx. $1MM, included).
• Established 15 years, maintains excellent reputation
• High performing F&I department
• Excellent branding and name recognition
• Unique and proven sales approach
• Performance metrics are best in class for industry
• Disciplined processes and procedures in place, facilitates rapid scaling to other markets
• Long tenured and loyal workforce with day-to-day managers in place
• Separate service facility for both in-house and public customers, growing 20+%
• Excellent physical locations, available for purchase or long-term lease
Synergies exist with buyers currently in the dealership business.
Revenues and EBITDA Shown are approximate annualization of YTD June 2023.