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Jan 16, 2014 — Couple hour drive from Albany, NY.
Asking price in this ad copy is for Business assets only. Real estate can be purchased at fair market appraised value, approximately $3MM. Inventory owned outright and via lines are roughly $3MM. Buy in to a world renowned and branded dealership that has almost 3 decades of goodwill! Facility is massive, shows phenomenally, and sits upon 3 acres upon which additional services and features can be added to add gross income and net profits. Impressive showroom layout with plenty of salable "moving" inventory, clean repair bays, pride of ownership by the Seller goes hand in hand with pride in workmanship by the staff. Seller is CEO type that is involved in day to day operations during busy periods, but this operation can and has been managed remotely during extended vacations and holidays. Not exactly a set it and forget it operation, however, all major revenue sources, new/used unit sales, repair, insurance & accessories etc..., all have department managers that are held accountable for their respective divisions. No deferred maintenance, improvements, or otherwise, truly a pristine and glorious turnkey opportunity for someone looking for a crown jewel acquisition in the dealership space. Strong balance sheet/personal financial statement required and excellent credit worthy Buyers only. Buyers will have to run through the gauntlet of qualification with corporate, so be prepared for lots of paperwork to get to the finish line on this. NDA is required for comprehensive sales prospectus on file with the Broker.
Inventory: Not included in asking price. Real Estate: Not included in asking price. Facilities: 3 acre property, 30,000 square feet hybrid retail / service / office / storage space. $500,000.00 in improvements in the past 7 years alone. Clean environmental reports across the board. Property is a 2 hour drive from Albany, NY - secure great income and an excellent business surrounded by nature instead of high rises! Financing: $330k Down, Bank $559k, Seller $110k Carry for 60 Months @ 5%! Support & Training: 2 months on the house part time by the Seller, any additional would be on demand paid consulting subject to mutually agreed terms and conditions.