Profitable Car Dealership and Repo Business for Sale in Illinois

This listing presents a well-established and profitable business operating in the automotive sector, combining a used car dealership with a growing repossession service. Founded in 2017, the business has demonstrated consistent profitability, with the used car sales historically accounting for 75% of its profit stream. In 2020, a repossession division was added, which has since experienced exponential growth, now representing 25% of the business and showing strong year-over-year performance. The owner anticipates continued strong demand for repossession services over the next decade due to economic trends. The business is located in Illinois and is being offered for sale at an asking price of $999,999. While detailed cash flow information is available upon request, the reported sales figures stand at $2,585,000. The seller indicates that management is willing to stay on post-acquisition, and the real estate is not included in the sale.