Established and Profitable Used Car Dealership

Listing Number: 80041-461521

Description

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 and vehicle inventory will be sold at a discounted rate.

Listing Details

  • Price: $250,000
  • Down Payment: $350,000
  • Sellers Discretionary Earnings: $125,400
  • Total Sales: $1,637,733
  • Location: Essex County, Massachusetts

  • Inventory: $150,000
  • FF&E: $31,337
  • Employees: 9
  • Year Established: 2016
  • Reason for Selling: New Career Opportunity
  • Category: Automotive

Business Listed By: