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 2 months ago
Used Car Dealership
3 years in business
Independent used car dealership established in 2023, located on a high-traffic highway lot in Iredell County, NC.
Key Information
Asking
$299K
Revenue
$2.5M
Earnings
$184K
Multiple
1.6x
Key Highlights
- Established in 2023; 19 months in operation
- Inventory valued at $450,000 and FF&E valued at $15,000 included
- Location: 1,100 sq ft building on 0.70 acres, leased through March 2029 with two 5-year renewal options
- Two transferable floor plans totaling $450,000
- 2-car garage sub-leased for $800/month by paint/body specialist
- Owner selling due to health issues
Contact Info
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