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Business Profile #1166
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Profitable
Car Dealership
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| Location |
Asking Price |
Gross Revenue |
SDE* |
| Denver
Metro |
$250,000 |
$3,359,166 |
$180,000 |
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*Seller's Discretionary Earnings (SDE) = Net Profit before Interest, Taxes, Depreciation, Amortization, Owner's Compensation, Owner's Fringe Benefits and any One-Time Expenses. This type of income recasting more accurately reflects the total financial benefit to an owner who is working in the business.
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Business Description
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This profitable car dealership specializes in the sales and service of pre-owned luxury autos. Over 50% of sales come from repeat and referral customers. This business has a great location, which comes with the added benefit of low rent and a long term lease. In this tight economy demand for quality used vehicles has grown dramatically, pushing sales and profits to new levels in 2010.
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| Business Summary |
Assets Included |
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| Established in: |
2008 |
Inventory: |
$11,500 |
| Employees: |
1
FT Owner, 1FT, 3 PT |
Furniture, Fixtures & Equipment: |
$50,000 |
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Franchise Fees: |
$ |
| Ownership Form: |
LLC |
Total Assets: |
$ |
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Additional business details are available to Principals only. You will be required to document your ability to complete the proposed transaction. Please use this link to complete a short Confidentiality Agreement and Buyer Profile.
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Disclaimer: All information contained in this document has been provided by the subject company, or its agent, to Front Range Business, Inc. (FRB); and while believed to be correct, said information has not been verified. Accordingly, FRB makes no representations or warranties as to the accuracy and truthfulness of such information. The recipient hereof acknowledges that FRB shall not be liable in any way for any loss or injury suffered by said recipient in connection with the delivery by FRB of this document. At all times, FRB is an agent for the seller and not for the buyer, unless a specific agreement exists for FRB to act as the buyer’s agent.
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FOR MORE INFORMATION:
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