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- RE: Premier Consignment Sales Of Classic Vehicles
- Contact: John Voll
- License #: BK3510917
Quick Facts
Asking Price: | $425,000 | |
Annual Revenue: | $914,407 | |
Net Profit: | $146,771 | |
Cash Flow: | $182,529 | |
Total Debt: | Not Disclosed | |
FF&E: | $25,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2021 | |
Employees: | Not Disclosed | |
BBN Listing #: | 949027 | |
Broker Reference #: | 8323 |
Business Overview:
Overview
Discover an exceptional opportunity to own a thriving consignment business specializing in the sales of high-end classic cars, motorcycles, golf carts, boats, and RVs. Strategically located on a prime spot along a heavily trafficked main highway, this business enjoys unparalleled visibility and accessibility, ensuring a steady stream of potential customers.
Operations and Inventory
The business excels in nationwide sourcing and sales, offering an impressive array of meticulously curated inventory. Each vehicle, whether it’s a timeless classic car or a luxurious RV, is sourced with the highest standards, appealing to discerning buyers from across the country.
Key Features
- Consignment Only Model: With no flooring required, the business maintains a low overhead while maximizing profitability through consignment sales.
- Revenue Stream: A significant additional revenue stream comes from vehicle storage rental, generating over $20,000 annually. This consistent income is bolstered by the high demand for secure storage of valuable vehicles.
- Client Base: The business boasts a large, loyal following of clients who trust in the quality and integrity of the services provided. This dedicated customer base is a testament to the business's established reputation.
- Advanced Security: Equipped with a state-of-the-art security system featuring 42 cameras and remote monitoring capabilities, the business ensures that all vehicles are protected around the clock. Owners can monitor the premises from anywhere via their smartphones, offering peace of mind to both the business and its clients.
- Strong Online Presence: A robust social media presence and a large online following significantly enhance the business's marketing efforts. This strong digital footprint not only drives traffic but also fosters engagement with potential buyers and consignors nationwide.
Additional Benefits
The business’s established reputation and substantial client base provide a solid foundation for continued success. The advanced security system ensures the safety of all consigned vehicles, a critical factor for high-value assets. Moreover, the lucrative vehicle storage rental offers a steady supplementary income, enhancing the overall financial stability of the business.
Investing in this premier consignment sales business offers a unique blend of operational efficiency, financial health, and market presence. With its prime location, diversified inventory, and established operational model, this business is well-positioned for sustained growth and profitability.
Seller will provide up to 30 days of training and is open to considering a longer engagement as an employee or consultant, providing ongoing support and leveraging their expertise to help drive the business forward.
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Property Features and Assets:
This business listing features a prime location on a 2-acre lot with excellent visibility and signage along a major highway. The property includes a 1,750 square foot modular office and showroom, providing ample space for business operations. The entrance is securely fenced, enhancing the overall safety of the premises. Has a 3 year lease with options .Includes $88,600 in vehicle inventory
Market Competition and Expansion:
This business operates in an excellent market with limited competition. Its consignment model provides both buyers and sellers with significant savings and convenience compared to traditional dealerships. By avoiding inventory flooring, the business maintains much lower operating costs. Uniquely, no other service in the extended marketplace offers this consignment model, giving this business a distinct competitive edge.
Consignment model offers numerous growth and expansion opportunities including:
1. Increase geographical reach with an enhanced online presence to attract a broader audience.
2. Develop and market the consignment process to include nationwide and global vehicle sourcing and sales.
3. Offer vehicle financing, warranties and insurance
4. Continue the development/marketing of the storage rental business on the rear fenced lot and/or add a truck rental business
Reason for Selling:
Pursuing other opportunityAdditional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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