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Asking Price: Not Disclosed

High Traffic Used Car Dealership

Not Disclosed, MI
Not disclosed

Located in theLakeshore Community in West Michigan, the Company is a premier usedcar dealership offering a wide selection of pre-owned vehicles, collector cars,and a dedicated automotive services division. With a rich history spanning muchof the 20th century, the Company has garnered extensive experience, enabling itto adeptly navigate any challenges it faces.The Companydistinguishes itself from the competition by providing a range of vehicles,from everyday used cars to vintage classics. This is complemented by effectivebusiness processes, a strong online presence, and a proprietary customerdatabase. Additionally, the Company's long-standing relationships withsuppliers and compliance track record form a solid foundation for continuedbusiness growth and expansion.The current ownershipoperates out of two facilities: the main facility, which houses the servicedepartment, offices, and dealership, and a secondary facility primarily usedfor storage. As the owner prepares for retirement, he has developed a successionplan to ensure a smooth transition of leadership. Committed to the Company'scontinued success and growth, the owner is willing to stay on part time for afew years post-closing. Ownership is seeking a buyer who can lead the Companyinto its next phase of growth and continue its legacy in Michigan.Alongwith being ideal for car dealerships, the facility would also be a primelocation for a full-service auto repair center or a powersports dealership.[NB1] Buyers willbe required to have a minimum of $500,000, solid credit, and preferablyindustry experience to qualify for financing.

Cash Flow $177,898
Revenue $3,525,609
$ Owner Financing Available

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