Prominent Used Auto Dealership

Grafton County, NH

Prominent Used Auto Dealership
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Asking Price: $150,000

Cash Flow: N/A

Gross Revenue: $3,000,000

EBITDA: N/A

FF&E: N/A

Inventory: $1,075,000*

Rent: $6,666.67 /Month

Established: 1980

*not included in asking price.

Prominent Used Auto Dealership

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Business Description

After 30 years, the owner is ready to retire from his auto sales business at a long-time proven location. The company acquires used cars, reconditions them as needed, and sells the vehicles to the public. They have expanded to sometimes include recreational vehicles, motorcycles and tractors in their offerings.

Additionally, the company offers auto financing: The company also has a separate financing component that operates as a New Hampshire licensed bank and is being sold along with the used car business.

The business is highly visible from a well-travelled NH highway and offers an indoor auto showroom for select vehicles and ample outdoor space to display vehicles for sale.

This dealership is part of a complete automotive center. The adjacent building, with a shared driveway, houses an auto parts store, an auto service center, and an auto body shop. The grouping of these auto-related businesses create a synergistic benefit for all of the businesses.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
7,588
Lease Expiration:
6/30/2028
Employees:
4
Facilities:
Main 6088 sf building has an auto showroom with sales area, two auto repair garages (no lifts) and office areas. There is a separate 1500 sf detail garage. There is ample paved space for vehicle display. The business is highly visible from a well-travelled NH highway. The sale of the business can include the valuable real estate, or can be acquired with a market rate lease.
Competition:
Competition in the used car business exists everywhere. A new owner will have the advantage of being the prominent existing dealer in this competitive environment. None of these existing competitors are located within a complete auto center with auto parts, service, and auto body businesses.
Growth & Expansion:
This offering provides a new owner the opportunity to leverage this established business, reputation, and location into a more profitable, energized auto dealership.
Support & Training:
Seller will provide up to 80 hours of on-site transitional services immediately following the transfer.
Reason for Selling:
Retirement
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Contact the Seller

(from currently available funds)
 
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Michael F. Coyle, CBI, CExP

Business Listed By:
CenterPoint Business Advisors

CenterPoint Business Advisors, Inc.

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