Business For Sale

Lakes Region Auto Dealership Business & Property

Not Disclosed, NH
Belknap County

Lakes Region

Asking Price: Annual Revenue:
$599,000 $2,735,751

Automotive & Boats: Dealerships - Auto, Truck, Motorcycle

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RE: Lakes Region Auto Dealership Business & Property Broker: Ed Settino

Quick Facts

Asking Price: $599,000
Annual Revenue: $2,735,751
Net Profit: Not Disclosed
Cash Flow: $184,937
Total Debt: Not Disclosed
FF&E: $105,000
Real Estate: $475,000
Year Established: 1996
Employees: 4
BBN Listing #: 9661381
Broker Reference #: 218001

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Business Overview:

PRICE REDUCED! Presenting a terrific opportunity to own an established and very profitable auto sales business. Sales average $3 million per year and produce consistent documented discretionary earnings of just under $200,000 per year. The business formula just plain works. It includes a well-maintained facility with multiple repair bays, sales and management offices, customer courtesy area, a parking lot with 65 plus available spaces and a high visibility location with an average of 20,000 vehicles going by the location every day. The business’s Yelp and consumer comments are excellent. The owner has always stood by his car sales and has made a concerted effort to have as many happy customers as possible. The result has produced a database of thousands of customers with many examples of repeat customers and entire families coming back to purchase vehicles multiple times. The business has nine dealer plates and is licensed with a Retail Sales License and a Dealer’s License. Repairs are performed by two full-time technicians and two part-time technicians. All vehicles are gone over with a very thorough check list, cleaned and polished, with repairs and upgrades made as needed. The business and property, including $105,000 worth of furniture, fixtures and equipment, training during the transition to a new owner, good will, vendor and supplier lists and website are offered at a value price of $599,000 plus the negotiated value of the desired inventory at point of sale of the business. The offering price is to be allocated at $475,000 toward the real estate value and $124,000 toward the value of the business and its assets.

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Property Features and Assets:

This is a proven profitable location. The 2.41 acre property includes the building housing a full service garage with two 9,000 lb. capacity auto lifts and a 15,000 lb. capacity four post truck lift as well as an oversize door that can accommodate vehicles from cars to trucks. Adjacent to the garage is separate service writing and waiting room areas and a second floor office and meeting space. The paved parking lot has 187 ft. of road frontage and digital signage. The facility is well maintained and up to date.

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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