Primary Category:Other Automotive & Boat Businesses for Sale
The automobiles sold at this Auto Dealership combine all the elements of the classic motoring experience. Our classic and collector cars reflect the entire range of today’s social and economic experience: from the most exquisite automobiles of unequalled perfection, to total restoration projects. The global Classic Cars industry was estimated to be worth USD 31.1 billion in 2021 and expected to be worth USD 51.3 billion by 2028.
We are a worldwide dealer of classic American, European, and Asian cars based right on Historic Route 66. We have new inventory coming in and out daily as we source vehicles from all over the world. Our inventory is sourced through private collections, individual sellers and consigners, classic car auctions, and private estate auctions. We also strive to ensure a wide variety of classic cars in price, condition, and styling to meet the needs and demands of every type of customers.
Classic cars have always been the focus and passion here at automobile dealership, but we also keep in mind that every year that goes by, more cars fall into the classic car genre. While we specialize in pre-war through the early 80's, you will also find a selection of modern classics that will continue to rise in value and demand.
We have expanded our dealership and are looking for a equity partner to come in to allow for additional capital to fulfill our growth expansion projects to ensure we capture the 51.3 billion classic cars industry that is projected by 2028.
Financial Information
$5,200,000
Asking Price
$6,600,000
Gross Revenue
Negotiable
Down Payment
Yes
Financing
Business Location
City:
Illinois
State:Illinois
Financing Comments
Yes
Reason for Sale
Ideally looking for a equity partnership vs a sale of the business. Absentee owner opportunity. Will entertain a sale, but prefer a partnership opportunity.
Detailed information
Year Established:
Home Based:No
Franchise:No
Relocatable:No
Lender Prequalified:No
SBA Prequalified:No
Part-Time Employees:N/A
Contractors:N/A
Owner Worked Hours/w:40
Adjusted EBITDA:
$1,500,000
Inventory Included: No
Inventory Value:
$3,400,000
Real Estate Available: Yes
Real Estate Included: No
Real Estate Value:
$2,200,000
FF&E Included?: Yes
FF&E Value: $0
Market Outlook/Competition
The global Classic Cars industry was estimated to be worth USD 31.1 billion in 2021 and expected to be worth USD 51.3 billion by 2028.
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