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Dick's Auto Sales

Norridgewock, Maine (Somerset County)

Retail - Automotive Dealers | Services - Auto Repair, Parts & Svcs

Asking Price $175,000 Inventory varies** 
Gross Income $500,000 Real Estate  
Cash Flow $75,000 Year Established 1935
FF&E $10,000* Employees 1

* included in the asking price

** not included in the asking price

Longstanding, successful Used Car Sales Location and Real Estate for Sale on highly visible Route 139 in Norridgewock, currently operating as Dick s Auto Sales. Current Car Inventory is negotiable if the new owner chooses to continue Auto Sales from location; however , zoning allows for retail and mixed use as well. Large .56 acre lot with 180 feet of road frontage. Current building, built in 1994, has 2 bays, office and waiting room space and small lavatory. Acreage allows for more construction, either to expand the business or for owner occupy residential use. Traffic counts of over 11,000/day, sunny bright location, with elevation and good visibility makes this a sweet business opportunity at an even sweeter price.

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Facilities: 800 SF B with building with 2 Overhead Doors and Garage Bays, 1 small lavatory, Reception Area and Owner's Office. Building. .56acre Lot has two large parking lot areas, one is paved and one gravel. Visibility, with 180 feet of road frontage at busy intersection of over 12,000 cars/day (MDOT) is exceptional. Car Sales successful at this site for over 40 years. Building built in 1994 and maintained in excellent shape. No zoning allows for mixed use potential, with room for residential construction should new owner so choose.

Competition: This Business is in a prime location to continue in Used or New Car Sales. It has a proven track record and the current owner has been in Auto Sales at that site for over 40 years, profitable each year. There is an abutting Car Sales business next door and several 10-15 miles away. All are doing well. The area has developed a reputation for quality Used Car Sales at decent prices. This site has the best reputation in town and can be expanded to include light Car Service which is also desperately needed in town.

Growth/Expansion: Light Car and Tire Service is needed in the town and the general surrounding areas. The lot is quite large and has elevation, which lends itself to either residential construction or an additional outbuilding or service building.

Financing: Seller Financing Available and Negotiable

Support/Training: 1-2 lweeks, as necessary. Car Inventory availabe for extra purchase. New Owner may not use the current business name: Dick's Auto Sales.

Reason Selling: Would like to retire

AD # 368597

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