Specialized Retail Dealer of Pre-Owned Vehicles - Central Texas

Texas
listing image
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
BUSINESS DESCRIPTION

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.


ATTACHED DOCUMENTS
IBG Currus NDA.pdf Download

DETAILED INFORMATION
Location
Texas
Inventory
Not Included in asking price
Real Estate
Owned
Building SF
27,800
Employees
42
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Very professionally presented, among the best in the pre-owned market.
Growth & Expansion
Duplicate this successful business model in other major cities in the region
Support & Training
Seller will remain for up to 12 months to ensure a smooth transition.
Reason for Selling
retirement
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