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Business for Sale Summary

Automotive Dealer in Essex Co, MA - #32226 - 32226

Business Type: absentee business,auto body/collision repair,auto repair,auto/truck mechanical repair,seller financing available,automotive dealers/ auto retail
Owner Financing
Automotive Dealer in Essex Co, MA - #32226
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Financial Information (non-confidential)

General Information
Asking Price $275,000 Down Payment $275,000
Gross Revenues $1,837,000 Lease Remaining Register Free to View
Owner’s Cash Flow $125,000 Number of FT Employees Register Free to View

Financing

$275,000 Down and 12 months financing for inventory of cars tire inventory

Business Description

Located on a very busy road with 35,000 plus cars p/day traffic. Established and very reputable used car dealership. Selling 400 plus cars a year in the $3,000 - $10,000 range. Before being put on the lot and listed for sale every car is inspected and reconditioned in one of their 4 bays with one of their four mechanics and detail person who are overseen by the service manger. To further service their customers they have a fully licensed DMV on site to issue plates Total infrastructure in place to buy, sell and service their cars! On average they have 60 cars on the lot ready to sell with a web site to search the inventory. The owner is absentee. A sales manager and service manager oversee the day to day operation. If new owner decided to manage cash flow would increase by almost $60 K or open Sundays to further increase sales. The inventory for the cars and tires is not included in the listing price but the seller will finance this. Great opportunity to own this reputable, profitable and turn key business! Call Robert Accetta 978-341-4500 or 877-735-5224

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.