Long-established, Family-owned Car Dealership in Twin Cities Metro Area For Sale - 11342

Price
$150,000
Location
Industry
Category
Used Car Dealer
Description

Family-owned car dealership located on major highway in NW Twin Cities Metro. The business has been at the current location for over 25 years and has been in business for over 37 years. The lot can accommodate up to 100 cars. There is also a showroom and 4 bays (3 service and 1 car wash bay), located in a 3,600 sq ft building with plenty of room to expand. Annual Revenues exceed $4MM. The business and real estate are priced attractively at $700K, or the business may be purchased separately for $150K (does NOT include inventory). Real estate may be purchased separately for $550,000 or may also be leased. 

Listing ID
11342
Value From Year
2020
Value of Real Estate
$550,000
Equipment Price
$50,000
Gross Sales
$4,000,000
Reason for Selling
Retirement
Value Of Real Estate Included
No
Value Of Equipment Included
Yes
Years Established
37
Full Time Employees
3
Part Time Employees
1

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