Car Dealership w/ 2.3X YOY Growth on a Lot w/1.1M Per Mth Hwy Traffic - Business for Sale
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Used Car Dealership in Iredell County, NC
NC, US
Added 27 days ago
Used Car Dealership
3 years in business
Independent used car dealership established in 2023 and located on a high-traffic highway lot in Iredell County, NC.
Key Information
Asking
$399K
Revenue
$2.5M
Earnings
$184K
Multiple
2.2x
Key Highlights
- Business established in 2023; 19 months in operation
- Inventory valued at $450,000 and FF&E valued at $15,000 included
- Leased 1,100 sq ft building on 0.70 acres with lease through March 2029 and two 5-year renewal options
- Two transferable floor plans totaling $750,000
- Location has 40,000+ daily highway traffic count
- 2025 projection: 150 units to be sold
- 63 Google reviews averaging 4.9 stars
- Reason for sale: Owner health issues
Contact Info
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