We have a client with a very successful Retail Car Franchise Dealership in the North East who would like to retire and wants to sell their Business.
The client is prepared to look at an outright sale or assist a Dealer Development Opportunity over a 3 to 5 year period.The idea plan for the Dealer Development opportunity would be to employ a General Manager to take total control. The successful Candidate would each year, earn a number of shares based on profit until he owned all the shares. The property could be included in this, or the new owner could lease the buildings and equipment from the current owner. The new owner would have to put in some capital to prove his commitment which would reduce the price. Both options are open to negotiation and the Client is very flexible on his approach for the right candidate.
This is a rare opportunity to purchase and own your own Franchised Dealership, especially as the manufactures no longer support Dealer Development.
For further information, or to discuss the opportunity in more detail please email Alan@MikkelsonAssociates.co.uk.