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East Coast Mitsubishi Dealership For Sale

Asking Price$5.08m
Revenue$24.02m
EBITDA-
Cash Flow-
Description
East Coast Mitsubishi Dealership Available For Immediate Sale Established in 2019, the business has quickly gained a stellar reputation for delivering quality vehicles and exceptional customer service in a competitive and growing market. Mitsubishi’s increasing brand recognition and consumer demand provide a solid foundation for continued growth with national sales up 22% in 2024. The dealership offers a comprehensive lineup of new Mitsubishi vehicles known for their reliability, affordability, and advanced features. Nationally, the Outlander model has been a significant contributor to this success, leading the brand's sales with 11,138 units sold in Q3 2024, a 19.3% year-over-year increase. Additionally, the Outlander Plug-in Hybrid recorded 2,279 sales in the same quarter, up 20.8% year-over-year. The Eclipse Cross is also performing strongly, with quarterly sales of 4,196, representing a 26.7% year-over-year increase. A full-service operation, the business also includes retail parts sales, warranty service, and general automotive repair, supported by skilled technicians and a modern, well-equipped facility that is fully compliant with the latest Mitsubishi brand standards. Known for its customer-focused approach, the dealership has cultivated a loyal base of repeat buyers and service customers, reinforcing its strong position in the local market. Strategically located on the East Coast, the region’s growing economic diversity and consumer base have created additional opportunities to expand both sales and service revenues. This turnkey operation is an excellent opportunity for an experienced operator or investor seeking to capitalize on Mitsubishi’s growing popularity and the dealership’s established market presence. Important Disclaimer: The acquisition of this business requires franchise approval from Mitsubishi Motors. Character, Operational Capacity (including proven automotive franchise ownership and/or general management experience), Customer Satisfaction and Working Capital are required approval criteria.
Real Estate
$3.83mIncluded in Asking Price
Building Size: 10000 sq. ft.
Furniture Fixtures & Equipment
$300k
Inventory
$400kIncluded in Asking Price
Business is
Established Franchise
Number of EmployeesFull-Time: 29
Year Established
2019
Reason Selling
Owner is focusing on other business pursuits.
Facilities & Assets
The business is located on a busy commercial state highway just minutes from a major US interstate, that connects this market with a larger metro population base. The facility is well positioned for visibility and accessibility with abundant convenient customer parking and vehicle display/storage. The 10,000 square facility resides on 4.0 acres of land, and the building includes a three-vehicle showroom, business office, customer lounge, parts and service department, and sales offices.
Market & Competition
This strategic market location, positioned near major highways, serves as a key automotive hub in the East Coast region. The area features a mix of new and used vehicle dealerships catering to a broad customer base, along with robust automotive service and repair offerings. Its strategic location attracts customers from neighboring states, creating strong market demand. The local automotive ecosystem also benefits from distribution centers and other supporting industries that enhance the supply chain and bolster the region's competitiveness.
Growth Opportunities
Growth opportunities include: 1. Service Volume and Selling Gross 2. Used Vehicle Volume and Gross 3. F&I Gross -- New and Used
Asking Price$5.08m