Used Car Lot, Detail Bay and Service Area With Real Estate (#22652)
Asking Price: | $2,800,000 |
Established Year: | 2018 |
Real Estate: | $1,400,000 |
Overview
Exceptional Business Opportunity - Step into the lucrative world of automotive sales with this established and fully operational used car lot. Located on one of Long Island's busiest roads in Suffolk County, this is a golden opportunity to own a business with significant visibility and customer traffic.
Property Details
Lot Size and Facilities - This half-acre lot accommodates around 70+ cars and SUVs and features a 3,500 square foot indoor showroom, ideal for showcasing vehicles. The recent comprehensive renovation of both the building and property provides an impressive appearance for clientele and enhances operational efficiency.
Business Performance
Sales Volume - The business boasts robust sales figures, retailing 30+ cars per month, managing 25+ wholesale transactions, and handling 10-15 lease buyouts monthly. This high volume ensures a steady stream of revenue and a profitable operation.
Location Advantages
Prime Location - The location benefits from high traffic and excellent visibility, making it a prime spot for automotive sales. The accessibility and aesthetic appeal of the renovated property significantly enhance customer experience.
Potential for Growth
Expansion Opportunity - This car lot is perfect for dealers looking to expand their existing operations or entrepreneurs aiming to enter the automobile business. With ample space and established sales channels, new owners can scale up operations efficiently.
Reason for Sale
The current owner is looking to focus on other business interests in Chicago, presenting a rare opportunity for new investors to take over a thriving enterprise.