Used Car Business, Excellent Location

 Listing Details:

• Business Category:                             Used Car Dealership
• Price:                                                             $375,000 Business  $825,000 Real Estate
• Gross Revenue:                                       $1,237,203
• Sellers Discretionary Earnings:    $195,384
• Seller Financing:                                     $37,500  5% for 60 months
• Reason for Selling:                                 Reduction Location
• Location:                                                      Hastings MN
• Employees:                                                 2
• Support & Training:                              8 weeks 
• Non Compete:                                        15 miles for 5 years
• Years Owned:                                          2

Business Description

This is the only used car dealership in the Hasting’s trade area.

The owners will stay on a consulting basis, to help transition the financing, floor plan, car buying, software and vendor relationships. This is the perfect business and location for an Auto related business to expand their locations.

Competition

This is the only used car business in the Hastings trade area.  Many clients come to Deals with Wheels after visiting the new car dealerships.

Growth Potential:

The company has a marketing firm in place that does local marketing through Social media (Facebook, Instagram, Twitter) the company also uses Craig's list.
This dealership draws from the South Metro, Hastings, Redwing, Cannon Falls, and rural Wi.

Facilities

The location is on Vermillion Ave in Hasting MN. Over 27,000 cars per day. The new owners can add Auto Repair to this location. Zoning is in place and there is room on the lot for an addition.

Operating Hrs: 

• 10 to 6 M – F
• 10 to 5 Saturday

Services Offered:

• Used Auto Sales