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This Business has been Sold!
Closing Date: 01/29/2024
Business for Sale Summary

Auto Dealer for Sale in Massachusetts - 35768

Business Type: owner financing available,automotive dealers/ auto retail
Sold
Auto Dealer for Sale in Massachusetts
On January 29th 2024, The Undersigned
Acted as the Advisor to the Deal
Robert Accetta
Robert Accetta Senior Broker
Servicing: Middlesex County, MA
Essex County, MA
Suffolk County, MA
Norfolk County, MA
All of MA
Hillsborough County, NH
Merrimack County, NH
Rockingham County, NH
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.

Financial Information (non-confidential)

General Information
Asking Price $265,000 Down Payment $265,000
Gross Revenues $2,239,635 Lease Remaining Register Free to View
Owner’s Cash Flow $183,000 Number of FT Employees Register Free to View

Financing

$265,000 Down and financing for inventory as cars are sold

Business Description

Reduced price AND seller financing for inventory! Great opportunity to purchase this highly reputable and profitable used car dealership located on a busy road. In business for 15 years and have 4.8 rating! This has been achieved by providing quality cars, with low mileage, at reasonable prices and especially providing excellent customer service. They have 3 active dealer plates, and 20 car licenses. They also have contacts with various lenders and credit unions to offer financing. They will show how you can increase your profit on this aspect of the sale as well. Each car is checked for mechanical and safety issues, and thoroughly cleaned and prepared before putting it on the lot. One of the owner's owns an auto repair business where this is done and would continue this relationship with a new owner. He would also assist a new owner in all aspects of the business. This business does not require many employees and could easily be operated by the owner. No extra money needed to finance inventory. As cars are sold pay the seller the aquisitioin cost (plus prep cost). Seller will also work with you in various capacities, as needed, to find and purchase new cars, If you are interested in owning an auto dealership business or want to add another dealership this is your chance. Inquire today by calling the broker, Robert Accetta at 978-341-4500.

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.