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Val Verde, Los Angeles County, California
Established Luxury Used Car Dealership with a Strong Reputation - Profitable!
Asking Price
$849,000
Revenue
$8,588,069
Down
$849,000
Cash Flow
$441,606
Description
Direct competition primarily consists of other independent pre-owned auto dealerships, specialized pre-owned luxury retailers, and dedicated used-vehicle divisions of major franchised dealerships. Digital used-car marketplaces and direct-to-consumer online auto retailers also present competition by offering similar remote buying features, nationwide delivery, and online trade-in valuations. To stand out, this dealership emphasizes personalized customer service, competitive in-house or partner financing, rigorous multi-point vehicle inspections, and strong post-purchase warranty support to build long-term buyer trust.
New management may choose to take this dealership in any number of directions. Some pre-owned specialists have mastered the online marketplace, where they are able to source and sell highly sought after vehicles site unseen. In fact, some have developed a model where they market autos without taking possession of them, which eliminates space constraints. Others find that they prosper by going deep into certain luxury brands, where they become to the de facto ‘go to’ specialist, whereas others apply this philosophy across an entire auto brand or segments.
Dealers can further drive long-term cash flow by focusing on financing and warranty options, or similar post-sale value-added services like extended service contracts and detailing programs. Given the amount of repair and body work the dealership utilizes, the business could benefit from a partnership or joint ownership with mechanics or paint and body shops.
Business Details
Year Established:
2018
Employees:
4
FE&E:
50000
Reason for sale:
Personal
Property Information
Size in Square Feet:
4,500 sqft
Premises Details:
This 4.5k square foot location leases for $10,481 per month including a separate storage lot allowing them to house 70 vehicles, on a lease that expires in August 2027 with one 5-year option. All of the company’s furniture, fixtures, equipment, goodwill and permits will be included in the sale. An estimated $1M in auto inventory will be sold at cost, in addition to purchase price.
Lease & Tenant Information
Lease Options:
$10,481
Posting Information
Posting ID:
6120386
Business Category:
Automotive & Vehicle
Business Types:
Auto, RV, Car Dealership & Used Car Dealer
Attributes:
For Sale By Owner
Training And Support
Send NDA Request
Please complete the form below to request the NDA for this listing. The broker will review your request and send the NDA for you to sign.
Posting Title
Established Luxury Used Car Dealership with a Strong Reputation - Profitable!
Posting ID
#6120386
Full Name (Required)
Email (Required)
Phone (Required)
NDA Signed Successfully!
Your NDA has been signed and submitted. The broker will review and countersign it. Once complete, you will receive access to confidential business details.
Agent, Broker or Seller Contact
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