383 Union StreetHolbrook, MA 02343MLS Number 72417496

  • Price: $900,000
  • 252 Days on Market
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Federal 30-year interest rate: 4.07% last updated on May 16, 2019
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • 1560Square Feet
  • 0.04Acreage
  • 1985Year Built

An incredible opportunity to acquire a well-established and very successful, high-end used car dealership located in the South Shore area. The owners have been running this successful business for over 20 years, with an average gross revenue around $6m/year. The dealership is licensed for 35 vehicles, with the capacity to display up to 50 vehicles on the lot. The business sells around 25 vehicles per month. The building has a recently renovated office space with a two-bay garage. The current owners outsource all the detailing, cleaning, and repair work, but this additional revenue could be easily brought in-house. About 80% of sold vehicles are financed through an internal finance department, which generates an additional income per each vehicle. The real estate is available for sale as well as for lease. This business is poised for growth with the right buyer. Don't miss out on this incredible opportunity.

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Driving Directions

J Barrett & Company - Marblehead Office
J Barrett & Company - Marblehead Office
56 Atlantic Ave
Marblehead, MA 01945
Listed by Gary Rayberg of ROI Corporation

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