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Used Car Dealers Company Investment Opportunity in Springfield, United States

Profitable independent auto retailer in Virginia preparing seeks an investor - growing despite recession.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees < 2
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 1.7 million
Run Rate Sales USD 360 thousand
EBITDA Margin Nil
Industries Used Car Dealers
Locations  Springfield
Local Time 6:20 PM US / Eastern
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 17.5 thousand for 10.0% stake (Native Currency: USD 17,500)
Reason: Being a part-time dealer is fun. Want to make this available to more like-minded enthusiasts. We ca... View More
Includes physical assets worth USD 5 thousand
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Business Overview

- Company specializing in the sale of used vehicles, vehicle consignment, and automotive parts.

- This year the sales are lesser at the moment but will pick up and exceed last year's sales.

- Featured on bootstrappers. com.

- 200x profit growth forecast annually for the next 3 years with proper marketing and management.

- Accredited by the Better Business Bureau.

- Has a $100k SBA line of credit available.

- Has three existing auto loan providers for customers, an extremely strong competitive advantage. This takes > 2 years to develop, and many small dealers are still unable to land them.

Products & Services Overview

- Used vehicle sales.

- Vehicle consignment.

- Auto and RV loans.

- Vehicle warranties.

- Automotive parts.

- RVs.

- Trailers.

Assets Overview

Assets include computers and furniture.

Intangible assets include -

- Dealer software - online registration and title (Dealertrack), sales agreements (DealerSign), consumer credit checks, (700 Credit), CarFax, CarGurus, AutoTrader, social media channels, and website.

- Branded automotive blog.

- Access to automotive lenders - must be in business for > 2 years to get them, and still very difficult for new dealers to land them. This is a huge competitive advantage.

Facilities Overview

- Leasing a 5,000 sq ft storage garage in Springfield, VA, with space for 27 vehicles.

Capitalization Overview

- Self funded.

- Owned 50% each by two corporate entities (parent companies)

- Zero debt at time of closing.

Recent Activity
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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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