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27589289

999 Main St, Worcester, MA 01603

CH
MA 9579429
Property Investors and Advisors, LLC
Listed by Property Investors and Advisors, LLC
$2,300,000
527 days on market
Updated 92 days ago

Auto Body Repair & Used Car Dealership

Details
Property Type Industrial, Retail
Sub Type Auto Shop
Units 1
Cap Rate 19.00%
Buildings 1
Acreage 1.200
Zoning Business
Investment Type Owner/User

Real Estate & Occupying Businesses For Sale

Marketing description

Opportunity to own and grow an established automotive repair and dealership business in Central Massachusetts. This well-established company has operated under the same ownership and location for 20 years. The skilled technicians excel in repairing domestic and foreign vehicles, including traditional steel-bodied and aluminum-bodied cars, trucks, and SUVs.

The real estate is included in the sale and features a large parking lot and a 6,000+ sf. shop equipped with paint booth, paint mixing, frame repair machines, and all necessary tools for both auto body and full-service repair. Trained staff oversee key management roles across departments.

The dealership consists of a large customer base and new customer lead sources.

Dealership license class II and class III for unlimited number of cars, realistically the lot can park around 100 cars.

Open to seller financing.

Year 1 Cash on Cash return of 40–41%
2.7x DSCR
2.5 year payback period
31.6% Profit Margin
Cash Flow after Debt service $279,000

*Location not as listed.

*Picture does not represent the subject property.

*NDA required to disclose specific information.

Carl Heitman

Property Investors and Advisors, Llc

carl@cartlinproperties.com

978-310-0484

Investment highlights

Open to seller financing.

Year 1 Cash on Cash return of 40–41%
2.7x DSCR
2.5 year payback period
31.6% Profit Margin
Cash Flow after Debt service $279,000

Listing Contacts

CH
MA 9579429
Property Investors and Advisors, LLC
Listed by Property Investors and Advisors, LLC

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Additional Information

Name
Carl Heitman
License
9579429
Brokerage
Property Investors and Advisors, Llc
Brokerage Phone
(774) 262-7620
Brokerage Address
130 Elm Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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