Car Dealerships -2 strong Locations, Used Cars & New Japanese Cars - Business for Sale
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Used and New Car Dealerships with Franchise in Massachusetts
MA, US
Added 4 months ago
Automotive & Boat
22 years in business
This business consists of two car dealership locations in Massachusetts, selling used vehicles and new Japanese cars, with integrated operations including a new car franchise, body shop, detail center, and multiple repair facilities.
Key Information
Asking
$5.4M
Revenue
$48.0M
Earnings
$4.4M
Multiple
1.2x
Key Highlights
- Business has been established for 22 years.
- Includes two locations: a Japanese new car franchise and a high-volume used car lot.
- Over 700 new and used vehicles in stock.
- Rent is $55,000/month (Triple Net) for both locations.
- Buyer must have access to a $5,000,000 line of credit for the floor plan at closing; seller may finance an additional $10,000,000 line of credit if needed.
- Skilled sales, service, and management staff are in place and expected to stay with new ownership.
- Business is a franchise.
Contact Info
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