Established Used Automobile Dealership with Real Estate

Description

Don’t miss this incredible opportunity to own a well-established used car dealership located in the heart of West Michigan. With over 43 years of successful operation, this dealership has built a strong reputation for reliability, honesty, and exceptional customer service, all while maintaining consistent sales revenues. This transaction includes the business, its assets, and prime real estate comprised of over 9 acres of land and a 2000 square foot building. The Owner works in the business approximately 30 hours per week and has two part-time employees who work a total of 22 hours per week. Primary Owner responsibilities include sales, inventory acquisition and general business activities. The dealership is open 5 days a week, including limited weekend hours.

Listing Details

• Listing Number: 60351-230218
• Location: Muskegon County, Michigan
• Price: 750,000.00
• Down Payment: 600,000.00
• Sellers Discretionary Earnings: 12,034.00
• Category: Automotive


• Inventory: 285,000.00
• FF&E: 5,000.00
• Employees: 2
• Years Owned: 43
• Reason for Selling: Retirement