PRICE DROP: Highly Profitable Car Dealership and… — Sale in Edwardsville, IL

  • Price: $1000K
  • Listing type: For sale
  • Asset type: Business
  • Location: Edwardsville, IL 62025

Description

PRICE DROP: Highly Profitable Car Dealership and Growing Repo Business The business was started in 2017 and has two areas it focuses on with both used car sales and a repossession yard. The repossession side of the business was added in 2020. Both are profitable in the market and growing. The car sales side of the business has historically been the bigger of the two portions with 75% of the profit stream being realized from this aspect. The repo side of the business is growing by leaps and bounds with this year's numbers far outweighing last year's numbers at this same time. The repo side of the business is trending to be a hot market for the next 10 years with the effects of COVID and the financial ramifications of that. Currently, the repo side of the business is 25% of the business. Profitable, Long-Established Auto Repair Shop – With Real Estate – Central Illinois This full-service auto repair business has served its...

Market Context

This commercial property in Edwardsville, IL is listed for sale at $999,999. It has been on the market for 86 days. Compare it against other commercial property listings for sale in Edwardsville, IL — view the full market.

Contact

  • kristen schindler — sunbelt of edwardsville
  • Kristen Schindler

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