Mitsubishi Dealership For 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.

Facilities & Real Estate

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. The real estate is offered for appraised value (estimated placeholder value -- $3,600,000).

Products & Services

Products and services include the sale of new cars, new utilities, used vehicles, finance and insurance products, extended warranties, and parts and service offerings. All required business licenses and zoning approvals are current and valid with the appropriate municipal jurisdictions. The manufacturer, Mitsubishi, offers a variety of training and certification programs for both vehicle sales and fixed operations disciplines. All candidates will need to obtain factory approval following the completion of the executed purchase and real estate agreements.

Assets Included in the Sale

Major dealership assets included in the sale:
1) Fixtures, Furniture, and Equipment
2) Parts Inventory
3) Goodwill
4) Real Estate
5) Used Vehicles (not included in the sales price but available at the buyer's option)

Growth opportunities include:

1) Service Volume and Selling Gross
2) Used Vehicle Volume and Gross
3) F&I Gross -- New and Used

Listing Details

Listing Price: $ 4,850,000
Discretionary Earnings: $ (267,026)
Revenue: $ 23,522,988
Total Assets Included: $ 4,300,000 (Real Estate, Parts Inventory, FFE)

Year Established: 2019

Year of last Acquisition: 2019