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Businesses For Sale   >>   Iowa Businesses For Sale Categories   >>   

Established, Profitable Used Auto Dealership

Location  Iowa,United States
Asking Price Range  $250K - $500K
Gross Revenues  $1583828
Net Profit / Cash Flow  $104520
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  1967
Number of Employees  4 - 5
Inventory  60000
Relocatable  Yes
Number of Employees  4 - 5
Real Estate  Owned
Training  Will train for 2 weeks @ no cost
Reason for Sale  Retirement
Description  Very established used auto dealership business for sale with excellent name recognition & reputation for integrity & affordable quality. $1,650,000 average revenue & $152,000 average seller's discretionary earnings (SDE) for 2011 - 2009. Key to long-term success involves buying good inventory, getting it into good condition, & standing behind it. As a result, inventory tends to sell at retail than rather liquidating it at wholesale. The business sells SUV's, sedans, & pick-ups to families, farmers, & contractors as well as, a few motorcycles, ATV's, & more. A high proportion of sales are initiated by way of the internet & repeat customers. The business has an excellent, well-equipped shop, but does no outside service & out-sources most of the preparation of autos for sale. The business sells very few tires & auto parts. The business does not sell credit insurance. Selling price $337,500 Contact Brian Brown at 319-294-1904
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