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Greensboro Garage: Used Car Sales / Repairs 2 Sites
Location Vermont,United States
Asking Price Range $500K - $1.0M
Gross Revenues $2184910
Net Profit / Cash Flow $186201
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1975
Number of Employees 10 - 19
Inventory 65000
Relocatable No
Number of Employees 10 - 19
Real Estate Owned
Training Sellers will provide adequate on-site transitional services immediately following the transfer.
Reason for Sale Retirement.
Description Greensboro Garage is a well established used auto sales and auto repair company. They acquire used automobiles, repair any deficiencies, recondition the cars, and sell them to the public. In addition, they operate as a repair garage and provide auto repair services for the public. The company also offers auto rentals.
Greensboro Garage offers a unique opportunity for a buyer who is ready to take over a successful and growing company.
- This is a well operated business with systems and procedures in place.
- The workshop areas are clean, organized, and efficient.
- Largest used car dealership in the area.
- Prominent website with online inventory.
- Experienced, well-trained staff in place
- Pent up demand is expected to continue the growth trend. Sales slowed dramatically in 2009 due to changes in the economy. Revenue has increased over the past two years, almost reaching the 2008 level.
- Very visible, well-known location in Hardwick. Large yellow barn on VT Rte 15.
- Well established reputation with numerous repeat customers for both sales and service.
- 170 +/- cars sold annually
Price includes 2 pieces of real estate:
Hardwick: Large yellow barn with great visibility and 4 acres of land. 3944sf building. 3 repair bays. Office/waiting room. Large yard with ample frontage on State highway to display vehicles. Extra land can be used for expansion or an additional use.
Greensboro: 2160 sf building with 4 repair bays, 1 detail bay, large office area. 0.43 acres
This is the largest used auto dealer in the area. One location is directly across the street from a Ford dealer, attracting car shoppers to this area. The business is long established with a VERY prominent, well-known location on VT Rte 15 with a highly visible large yellow barn. The second location is the only sales and service business in a lakeside community popular with summer residents and retirees. Both locations have a loyal customer base and excellent reputation.
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