Listing Number: 1110202-767589
Description
Award winning,18-year old, high-quality, highly-profitable used car dealership and repair facility in a St Louis suburb with excellent Google (over 275 reviews averaging 4.9) and Facebook reviews with over 2,500 followers. Annual SDE is over $600k and nearly 400 vehicles retailed during 2024 (over 6,000 since 2007). Real estate includes approximately one acre on a busy street with recently renovated 2,000 sf office building and 2,000 sf 4-bay detail/service garage with new equipment. Experienced managers and sales/service team have been employed from 7 to 18 years. Seller works 40-45 hrs/week and wants to retire. $1,050,000 vehicle inventory is available at additional cost. Rapidly growing service business. Significant growth possible by hiring additional sales personnel and expanding service location. This is a great opportunity for an experienced automotive professional looking to grow his own independent, successful business or for an existing dealership wishing to expand its footprint and revenue.
For additional information, contact the listing broker, Charlie Scarlett at 636-400-5409 or cscarlett@tworld,com. Real Estate included through WJRJR LLC, 636-400-6100 Listing Broker William Roland Jr.
Listing Details
- Price: $1,475,000
- Down Payment: $150,000
- Sellers Discretionary Earnings: $628,322
- Total Sales: $11,305,468
- Location: Madison County, Illinois
- Inventory: $1,050,000
- FF&E: $100,000
- Employees: 12
- Year Established: 2007
- Reason for Selling: Retirement
- Category: Automotive
