Sun Acquisitions is pleased to announce the sale of a used car dealership. The dealership has been operating since 2005 and has developed an excellent reputation in the marketplace for reliability and service.
The business has carved out a strong niche in the subprime market for used cars, which has proven to be a successful business model. The business offers a professional front office staff to handle sales as well as auto mechanic services ranging from oil changes and engine replacements. They pride themselves on making the car buying experience easy and having steady annual increases in revenue.
Tony Schiappa was the senior advisor at Sun Acquisitions that handled this transaction. Through Sun Acquisitions’ confidential marketing, fifty-one potential buyers were generated for our clients which resulted in three offers for the business. The dealership was acquired by an investor.
About Sun Acquisitions
Sun Acquisitions is a Chicago based mergers and acquisitions firm. We work with clients that are interested in the confidential sale, acquisition or valuation of privately held middle market and main street companies. Our professionals have significant experience and knowledge to thoroughly guide clients through each stage of the sale or acquisition process. Sun Acquisitions has successfully managed and handled engagement across all industries and is recognized as a leading M&A advisory firm in the Midwest.