Established and Profitable Used Car Dealership

Not Disclosed, MA
Essex County

Asking Price: Annual Revenue:
$250,000 $1,637,733

Automotive & Boats: Dealerships - Auto, Truck, Motorcycle

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RE: Established and Profitable Used Car Dealership Broker: Adelino Ferreira

Quick Facts

Asking Price: $250,000
Annual Revenue: $1,637,733
Net Profit: Not Disclosed
Cash Flow: $125,400
Total Debt: Not Disclosed
FF&E: $31,337
Real Estate: Not Disclosed
Year Established: 2016
Employees: 9
BBN Listing #: 507249435
Broker Reference #: 80041-461521

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Business Overview:

This is not your typical used car dealership – selling over 1,000 cars in the past 2 years has this high volume dealership outperforming the competition. Jump into this turn-key operation!
Established used car dealership on a high traffic route seeing over 35,000 cars per day! This North Shore Boston location stands ahead of the completion with a 58 car license, 3 dealer plates and an RMV on-site. Vehicles from the auctions are prepped right on-site in the 4 mechanic bays and 1 detail bay. On-site mechanics and a full shop allow for the dealership to offer warranty service work. (The shop is not licensed to operate as an auto repair facility, but can work on dealership owned vehicles and warranty services.)
Selling over 1,000 cars is just scratching the surface - the addition of buy here pay here (BHPH) service and working with customers with bad credit opens a whole new market opportunity.
Purchase price does NOT include vehicle inventory.
Used tires will sell at $20 each. Vehicle inventory will be sold at a discounted rate.

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Property Features and Assets:

Great facility with 5 bays, customer waiting area and a high visibility lot.

Reason for Selling:

New opportunity.

Additional Details:

  • The property is leased.
  • The owner is not 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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