Opportunity to acquire a profitable automotive dealership that has been established for close to 15 years!
The dealership generated well over $5,000,000 in sales last year (cash basis accounting) with 360+ cars sold. This year the dealership is on track to do even better!
Business can keep growing even more! Owner spends very little on advertising currently, and gives very little attention to the mechanic service part of the business.
The dealership is in a great location, with frontage off a main road in Metro Atlanta with over 25,000+ cars driving by per day.
It is a 16,000+ sq. ft. building on 3 acres+ with Showroom, Offices, Auto Service Area, and parking for 300+ vehicles.
Most of the inventory is composed of luxury cars such as Maserati, Mercedes-Benz, BMW, Range Rover and Jaguar, but also includes many other popular brands.
Terms of Accounts Receivable notes are usually short and require a high down payment. A/R is currently at $2,976,000. A//R is not included in asking price
Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness. This listing does not constitute an offer to sell, solicit or make an offer to buy an investment interest. Offers to sell, or the solicitation of offers to buy, any security can only be made through official offering documents, such as a subscription agreement and private placement memorandum.