Car Dealership and Property – Elk River MN (Sold by Jim Evavold) - SOLD
Asking Price:
Asking $100,000 for the business, which includes about $15,000 in equipment. It does not include auto inventory of about $500k at sellers cost. Autos may be purchased at seller’s cost.
Gross sales for the past few years are in the $5M range that also includes “Collector Car” revenue that the seller wants to keep.
Cash Flow:
Cash flow is about $75,000 -$100,000 per year for an owner operator without the “Collector Car” Revenue.
Facility:
The business operates out of 3 Stand-alone Buildings on an acre and a quarter The main building is approximately 2640 sq ft and includes sales offices and 3 bays for repair and clean-up. A second building is approximately 1800 sq ft and includes 4 bays for detail and clean-up. A third building is approximately 3,000 sq ft and is used for storage.
Employees:
The business operates with 3-4 employees, including a Sales Associate and a Clean-up/Detail person.
Listing ID#:
8150 je
Car Dealership and Property – Elk River MN (Sold by Jim Evavold)
Jerry’s of Elk River is a Successful Used Auto Lot in Elk River MN and was established 45 years ago by the current owner. www.jerrysofelkriver.com
This premier lot holds approximately 50 cars, his specialty is giving antique car value guides and is located on busy Highway 10 just west of hwy 169. Buyer can acquire the inventory or bring their own.
Seller wants to sell the Business along with the Property.
FACILITY: 3,900 SF building located on 3/4 acres of land next to a major Grocery store. State of the art components complement this car wash. The Enduro Class 115 ft. length tunnel system is a versatile system of choice according to the experts at Anago Cleaning Systems, delivering maximum cleaning power in a flexible soft cloth car wash system. The P.O.S. system and E-300 auto sales manager is a great fit for those who wish to add an additional profit center to an existing facility. Minimum maintenance and near zero downtime with the Belanger Wave Car Wash. Property tax is $10,522 for 2012.
EMPLOYEES: Business runs with minimum employees. Two people can run this automatic car wash. The owner has two part-time employees plus himself providing the excellent service – something needed especially for your car, maybe?
