Description

A Forty-Six (46) year established authorized Chevrolet/Buick Dealership in North Dakota directly in the middle of the Bakken oil fields. The only dealership within a 65 mile radius for sales and service of Chevrolet/Buick. Gross sales are 61% new and 31% used with 5% factory parts and 3% service. Company has a database of over 1,000 active accounts with an 80% repeat rate of business. The business would benefit greatly by adding a fleet salesperson, body/paint department and more service bays.
This town has doubled in size over the past 5 years with expected steady growth to continue. While gas prices have fallen and oil production has decreased, the Bakken contains a projected 22 Billion barrels of oil ensuring production for decades to come. This community of native american tribes and residents long and short term have invested multiple millions of dollars back into the City infrastructure and recreation areas. This is a vibrant and growing community reaping the benefits of being in the hub of the oil boom.
The Chevrolet/Buick Dealership needs to be relocated to a larger more modern facility and there is land for sale within 1/2 mile. Current owners will help buyers secure new property for a Dealership.

Financial Summary

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