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Sunbelt ChattanoogaContact: David Melton
Office Phone: 4234999956 Mobile Phone: 423-421-2622
Listing ID: CHATTTN002-N8
NW PA GM Dealership
- Asking Price: $1,750,000
- Gross Revenue: $30,500,000
- Cash Flow: $1,044,035
- Down Payment: 0
- FF&E (Not Included): $200,000
- Inventory: N/A
- Financing: No
- Western Pennsylvania
GM Dealership in Northwestern Pennsylvania opportunity. Seller is willing to stay on as a partner until buyer is able to achieve manufacturer approval. Real Estate was last appraised in 2012 for $1.2M. Building is image compliant and factory approved. Seller will sale or is willing to lease at the current rent factor of $20,000 per month. Offered at less than two times earnings.2016 New Cash Flow was $1,514,647. 2019 Revenue/EBITDA are projected based on 10th Month Financials. Manufacturer Approval is needed to complete the sale as GM has strict guidelines. Great opportunity for an Equity firm to venture into the automotive retail space. This opportunity is exclusively listed with the advisor.
Dealer has a nice area of responsibility to sell from.
Growth / Expansion overview
This is a very well managed operation offered at less than times earnings. Dealer is willing to continue as a partner for continued success.
Support / Training Comments
Dealer is willing to managed or partner for no specific time.
Seller is willing to lease real estate for a term of 60 months @ $20,000 per month.
Reason For SaleSeller is seeking to down-size. Currently owns a second dealership that could be available in the future.
- Home Based: No
- Year Established: 1995
- Franchise: Yes
- Year Acquired: 1995
- Willing to Train: Yes
- Relocatable: No
- Required Licences:
- Is Property Leased: No
- Real Estate Available: Yes
- Real Estate Included: No
- Real Estate Value: $1,200,000
- Real Estate Asking: $1,200,000
- Days Open: Monday - Saturday
- Fulltime Employees: 30
- Part time Employees: 2
- Is Management Staying: Yes
- Distressed: No
- Monthly Payroll: $0
- Building Size: 20000 sq ft
- Monthly Rent: $20,000
- Additional Terms: 2012 Appraisal is available.
- Transaction Type: Buyout or Acquisition
- Investment Type: Equity
- Transaction Fee: Paid by Seller