Used Car Dealership for Sale in Detroit, MI
Why this business stands out
This Michigan used car sales and auto repair operation combines two complementary revenue streams—vehicle sales and service—creating a more resilient model than a pure dealership or repair-only shop. The dual-format business generates $250,000 in SDE and provides natural cross-sell opportunities between buyers needing service work and service customers who become vehicle purchasers. The combination of inventory turns and recurring repair revenue offers a balanced and manageable acquisition for an automotive operator.
Financing snapshot
An illustrative SBA 7(a) scenario based on the figures above. Model your own assumptions in the SBA loan calculator.
- Asking price
- $649,999
- Cash flow (SDE/EBITDA)
- $250,000
- Est. down payment (10%)
- $65,000
- Est. SBA loan (10yr @ 10.5%)
- $584,999
- Est. monthly payment
- $7,894
- Annual debt service
- $94,724
- Owner cash flow after debt
- $155,276
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 $649,999. 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 $250,000 in annual cash flow (SDE/EBITDA), implying a 2.6x multiple on the asking price.
Where is this automotive services business located?
It operates in the Detroit-Warren-Dearborn 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.