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Northwest Louisiana Ford Dealership for sale in LA

Louisiana (LA)

Asking Price: Gross: Cash Flow:
$ 1,700,000 $ 8,527,247 $ 138,968

Furniture and Fixtures Value:
$ 150,000 (included in the asking price)

Inventory Value:
$ 200,000 (included in the asking price)

Real Estate:
$ 850,000 (included in the asking price)

Business Summary:
After almost 5 decades selling and satisfying customers, this well established, successful, and family-owned/operated automotive business is available for sale to the motivated buyer seeking a proven winner. The operation has become a respected hallmark in the community -- well known for having a professional team, offering a wide range of available products and services, and taking excellent care of customers.The business features products from one of the most well respected automotive companies, the Ford Motor Company. This incredible line-up of popular vehicles covers the full spectrum of consumer tastes from the best selling Built Ford Tough F-150, to the popular Mustang pony car, to the just launched family of off-road vehicles, the iconic Bronco SUVs. The list goes on ... Explorer, Escape, Ranger are all award winners and the all-new Maverick compact pick-up is priced around $20,000 and receiving strong media coverage and positive reviews. In addition, Ford is launching a full stable of all electric vehicles, including the Mustang Mach-E, the E-Transit Commercial Van, and the F-150 Lightning. The Ford line-up is one of the most popular, best selling, and highest demand vehicle lineups in the industry. This year, despite the shortages of new vehicle inventory caused by the global microchip storage, the business is tracking to generate $8.5 million in top line revenues and deliver $138,000 in post-adjustment cash flow. The business is the definition of a turn-key operation: almost 5 decade family legacy, professional management team, loyal, repeat customers, solid profitability, and a well-located, convenient facility. Hurry ... this business is priced to sell ... it's a terrific first-time dealer opportunity or an excellent add-on brand for the established franchise automotive owner. SPECIAL FINANCING ... this business has been lender pre-qualified and available for special financing to qualified applicants pending a full underwriting review. A prospective business acquisition scenario term sheet is included in the prospectus marketing materials.Important Note: The acquisition of this business requires franchise approval from Ford Motor Company. Character, Operational Capacity (including previous automotive franchise ownership and/or general management experience), Customer Satisfaction and Capital are required approval criteria.

 

   
Year Business was Established: 1973
   
Number of Employees: 14FT/0PT  
   
Facilities / Terms of Lease: The business is located on a major state highway artery, with excellent daily traffic count, and situated only 50 miles from a large metropolitan population base -- affording both local and a larger geographic customer draw. The facility is well positioned for visibility and accessibility with abundant convenient customer parking and vehicle display/storage. The 11,574 square facility resides on 6.4 acres acres of land, and building includes a showroom, offices, parts and service departments as well as storage buildings. The real estate is offered for $850,000 or appraised value (whichever is higher).  
   
Potential Growth/Expansion: While the dealership has demonstrated consistent and sustained profitability for many years, there is excellent growth potential when comparing present performance to group average levels. Major opportunities include: 1. New and Used Vehicle Sales Volumes 2. Extended Service Plan Volume and Gross 3. Finance and Insurance Income Gross 4. Parts Sales per Unit in Operation 5. Service Sales per Unit in Operation / Service Absorption  
   
Competition: The local market only includes used vehicle dealers and the closest Ford dealership is 26 miles away. Over the last 12 months, the new vehicle industry in the market was around 1,200 vehicles with the Ford brand capturing a market leading 17.1% industry share. Given the proximity to large metro market, the used vehicle market potential offers unlimited sales and profit opportunity.  
   
Owner willing to finance: Lender pre-screeded with $170,000 down.  
   
Reason for selling: Owner Retirement.  
   
Seller Reference Number: 2008-16649
BusinessMart.com Listing Number: 273981
 

 

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For more info contact:

Evelyn Correa

Murphy Business & Financial Services
727-725-7090

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