I was a auto dealership owner over 15 years in the Green Bay, WI area. I just sold my business in Aug 2023 and looking to buy another turn-key dealership in the same area that is 3x the size and quality. I'm looking to acquire the 15% -20% equity injection needed for SBA 7a loan. I already have a LOI in place and ready to move forward. I averaged over 9m in annual sales every year, with 19.4% avg profit margin. I have multiple floor plan lines of credit for inventory and currently have CUDL for financial lenders ready to do loans for back end profits. I have excellent financials from my previous operation and 750+credit. On average, we sold 45 cars per month, turning our inventory 13.5x per year. Avg profit per vehicle front and back end $3700/unit. With this new location, I expect 60 cars/month avg with $4000-4200 net profit per unit.
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