Car Dealership in Charm City

Not Disclosed, MD
Baltimore County


Asking Price: Annual Revenue:
$400,000 Not Disclosed

Automotive & Boats: Dealerships - Auto, Truck, Motorcycle


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RE: Car Dealership in Charm City Broker: Michael McNamara

Quick Facts

Asking Price: $400,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: $150,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 446651174
Broker Reference #: 76551-203009

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Business Overview:

This one-stop shop in Baltimore County specializes in the buy-here pay-here business model to provide reliable vehicles and easy financing to the local community. Founded in 2015 by one of the areas most prominent businessmen, this place has been generating a high income with little effort. Turn-key operation with loyal employees and a busy location make this deal a no-brainer for anyone who knows and loves the car business. Current owners only activity in the business is to spend a few hours at the auction every other week- basically a 1.5 hour per week job. Massive growth potential for anyone who wants to devote the time and energy into this newly developed income stream. Real Estate opportunity, but not a requirement as the current owner will sell either way.

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Reason for Selling:

Retiring

Additional Details:

  • The property is leased.
  • 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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