$700,000Boutique Destination Used Car Dealership For Sale
Business For Sale
▣ Industry/Category:
Business For Sale in Denver CO
Our client is a small independent used car dealership located in the South Denver Metro Area, Colorado, that has built a reputation for integrity, transparency, and reliability in a market where buyers have come to expect the opposite. The Company sources only the kinds of cars its owners would put their own family in, fully reconditions and details every vehicle, and operates on a streamlined, low-pressure sales process. Customers are typically driving away in their new vehicle in under two hours from when they walk in the door. The result is a steady stream of five-star reviews, return customers, and word-of-mouth referrals that anchor the Company's growth.
The Company operates a destination-store model. Inventory is sourced primarily from private parties and trade-ins, vetted for clean title, and stored inside a clean, secure facility — fully reconditioned and ready for test drives. CARFAX reports are proudly displayed; cars are priced to market data; no dealer handling fees are added; no "pack" expenses are baked into reconditioning. Customers come from several states to purchase from the Company's uniquely well-sourced inventory.
The Company has built a disciplined cost structure that supports healthy per-vehicle margins. Reconditioning is fully outsourced to a network of trusted local vendors, with average reconditioning cost (including detail) of approximately $950 per vehicle. The Company has secured a $400,000 line of credit at a low interest rate with NextGear, but operates with almost no debt most of the time as the majority of vehicles are purchased outright with cash. Financing is offered to customers through three banks, with strong bank ratings yielding favorable rates and lower dealer fees on submitted deals. The DMS (Dealer Management System) is comprehensive, fully compliant, and supports electronic titling — running the entire dealership and website for under $700 per month.
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