Unicorn Available! Luxury Pre- Owned Dealership $19M+ in Gross Sales
Asking Price: | $2,200,000 |
Gross Revenue: | $19,495,000 |
Rent: | $25,000/Month |
Cash Flow: | $600,000 |
Inventory: | $60,000 |
Established Year: | 2009 |
Profitable and First time on the market! For over 15 years this Luxury Pre-Owned auto dealership is one that is specialized in delivering an extraordinary personalized experience which pairs with automotive variety.
Their reputation speaks for itself, with over $19 million in gross sales and $600K+/ in adjusted net earnings in 2023 which Seller will confirm. 2024 is going strong, Offering a meticulously curated collection of exotic and high-end pre-owned vehicles, each handpicked to meet the discerning tastes of their long term, high net worth national and international clientele
The Company has an excellent online presence and stellar domain name along with a beautiful website.
Run as a streamlined operation with one hands-on owner who oversees sales, acquisitions and payables and two dedicated professionals, one in the service and prep department and the other acts as the sales manager handling sales related activities.
The dealership benefits from high visibility and easy accessibility, just off a major freeway. The surrounding area is known for its affluent residents and vibrant community, making it an ideal location for a luxury car dealership. The company’s success is also built on stability. With a long-term lease possible, the dealership is not only thriving but positioned for future growth.
A coveted Southern California location with a variety of potential growth areas that could be added seamlessly. Outside repair and maintenance service, additional varieties of inventory, other locations and more are possibilities.
A total of 8500 sq. ft+/ of office and showroom space, the facility has 15 indoor and 10 outdoor parking spaces. There are 5 private offices. The service area has 4 lifts and needed equipment for prep and maintenance.
The company utilizes outside 3rd party financing and has the required Bureau of Automotive repair, sellers permit and Dealer license.
The founder/owner will offer plenty of post -sale training and transition period to ensure a smooth hand-off to the buyer, ensuring the new owner has the necessary support and guidance to continue the business's success.
Disclaimer: All information has been provided by the Seller. Broker has not and will not verify the information. All buyers should seek legal and or accounting and any other desired professional advice prior to the purchase any business.