Automotive Sales and Service Business in Richmond, Virginia

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Financial Details

Asking Price:
$225,000
Annual Revenue:
$525,400
Cash Flow / SDE:
$68,649
Valuation Multiple:
3.3x
Location:
Henrico County, VA, US
Sources:
Date:
June 21, 2025

Key Highlights

- Automotive sales and service business near Richmond airport.
- Includes 50 parking slots, sales office, 4 repair bays, and parts storage.
- Growth opportunities with financing plans and social media marketing.

Description

This is an automotive sales and service business located near Richmond airport. It features approximately 50 parking slots, a sales office, four indoor repair bays, and a service desk with parts storage. The business acquires used auto inventory from local car auctions, customer trade-ins, and direct buys. The seller is relocating due to family issues but will stay for up to 60 days for transition. There are opportunities for growth by expanding with Buy-Here-Pay-Here financing plans and an expanded social media campaign.

Industry Information

Industry Description:
Auto & Automotive Businesses for Sale
Classification:
Automotive & Boat

Listing Details

Listing ID:
0e3cedcd-2db2-42d6-ae0d-0820166898cf
Deal Status:
For Sale
Date Posted:
June 21, 2025
Last Updated:
June 21, 2025
Currency:
USD

Features & Tags

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