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Buy Here Pay Here Used Car Lot Sales, Rentals Frederick MD
$599,000Cash Flow: $320,000Seller Financing
Buy Here Pay Here Used Car Lot Sales, Rentals Frederick MD

Frederick, MD

Very well established and highly profitable, full service, used automobile sales, auto leasing, auto rental and in-house (buy here/pay here) auto finance company serving the residents of Frederick county Maryland and the surrounding DC, metro suburbs for the last 27 years. Business is located on a very heavily traveled commuter route that connects the western, residential suburbs of Frederick county Maryland to multiple business and shopping venues within the Frederick business districts and is only a few miles from historic, downtown Frederick, Maryland. This is an ideal opportunity for experienced, auto sales and leasing industry professional to acquire their own, very well established, fully staffed and fully operational auto sales and leasing dealership and begin making significant income from day one. Asking price of the business includes a below market, long-term lease, fully equipped sales and administrative offices, parking for up to 100 vehicles, full auto repair facilities and $750K +/- in current, in-house financing receivables. Current used car inventory estimated at $150K is also available for purchase separately from the business. Current owner is highly motivated to sell due to an impending retirement and relocation out of the Frederick, MD area but is willing to allow for an extended, ownership transition period to ensure that the new owner of this very successful business is well positioned for long-term success. Some seller financing will be considered based upon buyer’s financial strength and prior, professional background/knowledge of the auto sales/leasing industry. Current auto dealer’s license may be assumable or buyer can obtain own license. For more information please contact the listing broker via the contact function on this website to request a confidentiality agreement. All inquiries will need to provide proof of the experience and the financial means necessary to consider a transaction of this size and scope prior to receiving any detailed information.

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