Pre-Owned Truck Dealership w $1.3M in SDE

, Texas 8 views 0 favorites

Financial Highlights
Asking Price
$5,000,000
Revenue
$11,500,000
Business Description

The “Company” is a regional dealership specializing in the sale of preowned pickup trucks. The Company’s primary products include ¾ and one-ton diesel, and ½-ton gas pickups. The Company operates from a 12,000-square foot facility which it leases from a third party. The facility includes a customer lounge, office, and administrative space, covered and uncovered vehicle display areas, and ample customer parking. Offering these products requires a large facility, IT equipment, and trained sales personnel. The Company has a proven history supported by the longstanding reputation it maintains with its customers. With a broad selection of trucks, the Company’s marketing efforts focus on targeting self-employed craftsmen, ranchers, and farmers in the greater Dallas region. Revenues have been increasing over the past two years due to increased demand and a shortage of availability of new trucks due to supply chain issues. For the nine-month period ending September 30, 2021, the Company’s total revenue was $10,260,000 with Sellers Discretionary Income of $1,233,500 rounded. Location: Denton County, Texas Year Established: 2007 Number of Employees: 3 Real Estate: Leased Building Sq. Ft.: 12,000 Rent: $7,500.00 Per Month Lease Expiration: 11/1/2023

Business Details
Industry:
Automotive & Boat
Real Estate Included:
No
About the Seller
AU
Admin User
6498
Active Listings
New
Member Since

Listed: Apr 18, 2022

Updated: 4 days ago

Views: 8

Favorites: 0