Pre - Owned Luxury Auto Dealer For Sale
Location California,United States
Asking Price Range $500K - $1.0M
Gross Revenues $1250000
Net Profit / Cash Flow $170000
Cash Flow Type EBITDA
Seller Finance Yes
Year Established 1997
Number of Employees 1 - 3
Inventory 200000
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Training Owner stay on 6-12 months transition
Reason for Sale Retire
Description A well-established pre-owned luxury auto dealer specializing in "Classics" luxury vehicles from the 50s, 60s, 70s and 80s including Mercedes-Benz, Porsche, Ferrari, BMW and also exotics like Ferrari or Aston Martin as well as current/late models. The company has averaged Pre-tax profit of $167,600 over the last 8 years. Sales volume and profits have increased each year since business was founded in 1997. The business is strategically located along one of the busiest and most affluent areas in Orange County. The business is surrounded by a large group of independent auto repair, supply and service businesses, who are great sources of support and referral for new business.
The owner established his business 15 years ago in this prime location and has seen the bottom line increase each year. The business is located near two of the #1 luxury car dealerships in the country for both Mercedes, Ferrari, and BMW. The business sells automobiles in the wholesale and retail markets nationwide and globally overseas to customers in Europe, Australia, China and South America.
The owner is very motivated to sell the business to a qualified buyer. This motivated buyer should have a passion for beautiful cars and should be customer oriented providing high quality service to drive customer satisfaction to existing and new customers. If you are looking for an auto dealer which can be expanded and grown into a regional leader for pre-owned luxury vehicles? Then, here is your opportunity to own a solid business built over 15 years by a single owner, profitable luxury auto dealership with an excellent online and local reputation in the beautiful Coastal Orange County area. Asking: 700k or best offer Call: Todd S 949-606-3567
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