Successful Car Dealer in Chester

Chesterfield County, VA
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Asking Price:$549,000
Gross Revenue:$1,400,000
Cash Flow:$289,000
Rent:$3,560/Month
BUSINESS DESCRIPTION

Well Established, Scalable, Very Profitable, Growth Opportunities!

This is your opportunity to get into the car business with this reputable dealership that boasts almost $1.5 Million in annual sales. Same owner and location for 21-years. Located in Chester, VA, they offer a diverse selection of quality pre-owned vehicles at competitive prices. Owner willing to assist buyer in obtaining a Dealer's License in less than 30-days making this the perfect opportunity for someone wanting to enter this lucrative profession.

NIADA and VIADA membership in good standing since 2007 with 4 industry awards! The business boasts a 40% repeat customer business and serving three generations of customers. Excellent lease on a lot with room for 50 cars.

Experienced lot manager and salesman is willing to stay with business, making semi-absentee ownership possible.
Seller will introduce buyer to exclusive car supplier relationship.


DETAILED INFORMATION
Location
Chesterfield County, VA
Inventory
Not Included in asking price
Real Estate
Leased
Lease Expiration
31/03/2027
Facilities
Facilities: Free Standing office and storage building, clean paved lot with customer parking. FF&E Overview: Small office furniture, signage, computers, car detailing tools. FF&E General Condition: Good
Competition
Several used car lots in the area which attract numerous buyers, however, few have the wide selection of high-quality cars, offered at competitive prices from a business that has been in business for 21 years.
Growth & Expansion
With enhanced marketing and promotions along with in house financing, sales could grow substantially.
Support & Training
Training Support Included
Reason for Selling
Owner retiring after 21 years of continuous operation in the same location
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Blair
Grossman
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Blair Grossman