Used Car Dealership for Sale in Illinois
Why this business stands out
This independent used car dealership in the greater Chicago metro area generates approximately $5.5M in annual revenue with an established customer base and documented financial history. The high-volume retail operation benefits from a prime location with strong traffic and visibility in a major metropolitan market. With $220K in SDE on a $1M asking price, the business offers an accessible entry into automotive retail for a buyer with dealer or retail operations experience.
Financing snapshot
An illustrative SBA 7(a) scenario based on the figures above. Model your own assumptions in the SBA loan calculator.
- Asking price
- $1,000,000
- Cash flow (SDE/EBITDA)
- $220,000
- Est. down payment (10%)
- $100,000
- Est. SBA loan (10yr @ 10.5%)
- $900,000
- Est. monthly payment
- $12,144
- Annual debt service
- $145,730
- Owner cash flow after debt
- $74,270
Illustrative only — not a financing offer. Assumes a 10% down payment and a 10-year SBA 7(a) loan at 10.5%. Actual terms vary by lender, deal structure, and buyer profile.
The DSCR shown is computed on raw cash flow — before the owner-salary, maintenance-capex, and rent adjustments SBA lenders apply when underwriting. Model the lender's view in the DSCR calculator.
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Frequently asked questions
How much does this automotive services business cost?
The asking price is $1,000,000. Exact terms and any seller financing are confirmed directly with the seller after you sign up.
What is the cash flow and valuation multiple?
This business reports approximately $220,000 in annual cash flow (SDE/EBITDA), implying a 4.5x multiple on the asking price.
Where is this automotive services business located?
It operates in the Illinois area. The exact city is shown after you create a free Searcher OS account.
Can this acquisition be financed with an SBA loan?
Many businesses in this price range qualify for SBA 7(a) financing, which can cover up to 90% of the purchase price over a 10-year term. See the financing snapshot above for an illustrative scenario.