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Profitable Used Car Dealers Business for Sale in Illinois, United States

Very profitable antique car dealership is for sale as the owner wants to retire.
This transaction has concluded.

Established 20-30 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 1 million
Run Rate Sales USD 1 million
EBITDA Margin 40 %
Industries Used Car Dealers
Locations  Illinois
Local Time 5:09 AM America / Chicago
Listed By Advisor / Business Broker
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 8 million (Native Currency: USD 8,000,000)
Reason: The owner is ageing and is looking to retire in the near future. Out of the $8 million selling pric... View More
Includes physical assets worth USD 4.6 million
Business Overview

- 25-year-old successful vintage car dealership based out of Illinois.

- Business owns multiple facilities which are part of the sale.

- Company has a global presence and has a highly respected reputation in the industry of selling classic & antique cars.

- On average the company sells 90 cars a month.

- There could be a growth opportunity in providing a detail shop, restorative services, tourist activities and maintenance services. Current ownership just specializes in the buying/selling of vehicles but there are often requests for maintenance and restoration services.

Products & Services Overview

Business specializes in the buying/selling of used vehicles. There are often requests for maintenance and restoration services but they have just not added to their service offerings.

Assets Overview

Buyer will get the facilities, inventory, as well as the real estate and business it sits on.

Facilities Overview

Owned facilities:

• Building 1: 50 x 528 = 26,400 sq ft.

• Building 2: 50 x 480 = 24,000 sq ft.

• Building 3: 50 x 360 =18,000 sq ft.

• Building 4: 50 x 240 = 12,000 sq ft.

• Building 5: 50 x 120 = 6,000 sq ft.

• Building 6: 50 X 80 = 4,000 sq ft.

• Total sq ft: ~90,400 sq ft.

Capitalization Overview
Not Disclosed
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.

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