AutomotiveVerified Seller
Used Car Lot in Salt Lake County, UT - $560K - Prime Location Since 1986
Salt Lake City, Utah
Asking Price$560,000
Annual Revenue$6,000,000
EBITDA / Cash Flow$230,000Implied Multiple: 2.4x EBITDA
Executive Overview
Discover an exceptional opportunity to own an established and highly visible independent used car lot in Salt Lake County, UT, founded in 1986. This thriving business is available for $560,000 offering a solid foundation and a prime location.
Key Investment Highlights
- •Established in 1986 with a strong reputation for honesty and integrity in the automotive sales and service industry.
- •Comprehensive facility featuring a spacious lot with 5 service bays, 3 lifts, and a dedicated detail bay for complete vehicle preparation.
- •Turnkey opportunity including all essential equipment and furniture, with the flexibility of excluding existing auto inventory.
- •Advanced digital infrastructure with a state-of-the-art website and modern repair equipment to enhance operational efficiency and customer experience.
- •Experienced team of 9 dedicated employees providing consistent, high-quality service and sales support.
This used car dealership represents a comprehensive automotive business model, expertly blending vehicle sales with professional service and repair operations. The business has cultivated a specialized niche in emissions testing and "One Stop" service, creating a reliable revenue stream and strong customer loyalty in the Salt Lake County market.
With nearly four decades of operational history, the business offers an exceptional growth opportunity for a savvy entrepreneur. The established reputation, robust infrastructure, and strategic location provide a solid platform for future expansion and continued profitability in the competitive automotive sales and service sector.