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Wisconsin Automotive Business For Sale 26736

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Automotive Businesses For Sale
UNION BAY GROUP
3401 Evanston Ave. N. Ste. A
Seattle, WA 98103
UNITED STATES

p.2067831717
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Category: Automotive SIC:
Detail: N/A Price: $1,599,000
County: Down: $0
State/Prov.: WI Adj Net: $379,450
Country: USA Sales: $986,650
Relocatable No Home based No Franchise No Lender pre-qualified No
This listing is for a well-established auto auction located on the Wisconsin/Illinois border that is available to a qualified buyer. This business has been an established fixture in their marketplace for over 50 years and it offers a buyer a substantial yearly income of over $300,000. This company operates as an auction house for automobile dealers. Their auctions are participated by over 200 dealers and their autos tend to sell in $4,000-$8,000 range. The auction house features three lanes with 50-60 part-time employees during one night per week including drivers and administration staff. This business has consistently offered a strong cash flow for the owner and over $600,000 in asset value is to be transferred with the business sale. This includes their real estate which is valued at $355,000. The financials below represent only a part-year for 2020 that has already exceeded that of 2019. If you would like more information about this business, or if you would like to schedule a site visit, please contact the agent either by phone or email. Online inquiries will be replied to with an email from an @marvingroupllc.com address with an NDA attached. Sometimes, these can get filtered into junk/spam folders. If you do not hear back from us with 24 hours (weekdays), please contact the agent either by phone or by email.
A/R: Real Estate: $355,000.00
Inventory: $25,000.00 Other Assets: N/A
FF&E: $146,000.00 Total Assets: N/A
Leasehold: $80,000.00 Included: N/A

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