27 Year Luxury Car Dealer - Business for Sale
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Luxury Car Dealership in San Ramon, CA
San Ramon, CA, US
Added 10 days ago
Automotive & Boat
29 years in business
Retiring Owner
This business is a 29-year established luxury car dealership located in San Ramon, CA, specializing in buying and selling low-mileage vehicles with a strong internet presence and a client base of over 10,000.
Key Information
Asking
$1.5M
Revenue
$1.0M
Earnings
$600K
Multiple
2.5x
Key Highlights
- Business has been established for 29 years
- Assumable $900,000 SBA loan at 3.75% interest ($4,800 per month) is available to apply towards the purchase price
- Over 10,000 loyal clients and more than 10,000 vehicles sold and wholesaled
- Business operates from a prime location in San Ramon, CA
- Business model focuses on buying and selling low mileage, no-story cars, with inventory acquired primarily through Manheim and ADESA auctions
- Two employees are willing to stay with the business
Contact Info
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