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High End Luxury And Exotic Vehicle Dealership
Location Florida,United States
Asking Price Range $2.5M - $5.0M
Gross Revenues $22500000
Net Profit / Cash Flow $1600000
Cash Flow Type EBITDA
Seller Finance Yes
Year Established 2000
Number of Employees 10 - 19
Inventory Inventory fluctuates around $2.5 million.
Relocatable Yes
Number of Employees 10 - 19
Real Estate Owned
Training Owner will stay involved part time.
Reason for Sale Owner would like to pursue new venture with created software company.
Description This business was established in 2000. Owner started with $6k and turned into multi million dollar cash flowing business. The property is included with sale which is a 10,000 square foot facility on a very busy road with 3 in ground lifts.
Company sells 35 to 40 cars per month with an average profit $4k per vehicle. With 12 employees including owner the business generated over $22 million in sales for 2009 in a hard economy. The pre owned luxury and exotic car sector has been very active since the economic crash.
Owner has designed custom cutting edge software that lists and manages inventory. Owner has a proven design and platform for inventory management. This system enables consistent sales volume with global advertising. 95% of vehicles are sold ''sight unseen'' and delivered via transport. Owner will stay involved and hopes to keep current employees in place to ensure success of the company. Owner will include inventory or assist in sale. Owner would like to stay involved as inventory buyer for dealership.
Absolutely no skeletons or financial stress causes sale. Owner has created another business which includes software and websites that assists dealers in marketing vehicles online and would like to pursue this venture.
The exotic and high end luxury car market has gone through the roof. In the past 2 years, pre owned niche market high end luxury and exotic cars have increased in value by 30%. The competition has filtered with economic times creating an extremely lucrative market.
Selling current business and platform as well as real estate and inventory. Owner will stay involved to assist with business management and inventory if requested. 2 million for business plus 1.5 for real estate. Inventory negotiable. Email or call direct 239 269 7713 Contact if interested in this Vehicle Dealership for sale. Financials and pictures available upon request.
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