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Automotive Used Car Dealership-LAND LEASE-OR RETAIL SPACE (Milford,CT.)
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Established:
1965
Seller Financing Available
Business Description
ESTABLISHED USED CAR DEALERSHIP - PRIME US ROUTE 1 LOCATION
This well-established used car dealership represents an exceptional opportunity for an automotive entrepreneur seeking a proven business with nearly six decades of operational history. Founded in 1965, this dealership has built strong customer relationships and market presence in the competitive Connecticut automotive market.
BUSINESS HIGHLIGHTS:
- Operating continuously for 58+ years with established customer base
- Specializes in mid to high-end vehicles with competitive financing options
- Strong repeat customer relationships and local market reputation
- Grandfathered zoning permits for used car sales, body shop, and repair services
- Current staff of 2 employees supporting daily operations
PRIME LOCATION ADVANTAGES:
- High-visibility US Route 1 frontage in Milford, Connecticut
- Excellent accessibility - 8 minutes from I-95 and Route 15 (Merritt Parkway)
- Heavy traffic corridor with strong drive-by exposure
- Surrounded by complementary automotive businesses
- Strategic location in New Haven County's automotive corridor
FACILITY FEATURES:
- 2-vehicle indoor showroom with professional office space
- Lot capacity for approximately 60 vehicles
- Rear parking area for additional inventory storage
- Climate-controlled facilities with gas heating and A/C
- Bathroom facilities and professional presentation areas
- Significant expansion potential on existing property
FINANCIAL STRUCTURE:
- Asking Price: $875,000
- Land lease arrangement with potential purchase option
- Seller financing available for qualified buyers
- 30% down payment requirement
- Triple net lease terms
TRANSITION SUPPORT:
- Current owner available part-time during transition
- Comprehensive training and operational support included
- Seller motivated by semi-retirement plans
- Detailed financial history available to qualified buyers
ADDITIONAL OPPORTUNITIES:
- Environmental assessments completed (Phases 1-3) with clean certification
- Flexible zoning allows for business expansion or alternative retail uses
- Potential for redevelopment as part of larger commercial projects
This turnkey operation offers immediate cash flow potential with established systems, proven location, and significant growth opportunities in Connecticut's thriving automotive market.
Detailed Information
Location:
Milford, CT
Real Estate:
Owned
Employees:
2
Support & Training:
Seller Financing Available for right Individual... Support Training To be discussed CURRENT OWNER WILL STAY ON, ON A PART-TIME ASSISTANT
Reason for Selling:
Looking to Semi- Retire...
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