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Southtowns Auto Dealership and Service Garage - $485,000 (Collins/Gowanda)
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Licensed used car dealership, auto repair, and inspection station in high-visibility village location. Opened in 2016, this lot has generated as much as $2M in annual sales with one sales person/car buyer. Sales could improve dramatically with a steady source of inventory. Pre-Covid focus on late model trades and off-lease vehicles. Currently specializing in rust-free, west coast trucks.
Approximately 14,000 sf. building on 3+/- acres: indoor showroom large enough to store 10 vehicles or display 6 vehicles; paved front and north side lot comfortably displays 30+ vehicles for sale; south side lot provides large number of additional parking spaces for the 2400 sf. repair garage (which is equipped with three lifts; inspection machine (Erie County); tire mounting and tire balancing machines; alignment machine; welder; scanners; etc.). The facade and most of the roof has been replaced recently (membrane roof).
Building includes an additional shop of approximately 3600 sf which was previously rented as a collision shop, but is now just used for vehicle storage and detailing. Attached two-car garage and oversized one-car garage provide additional storage.
Under-utilized rear office space of approximately 3000 sf could be developed into additional sources of revenue.
Separate +/- 4800 sf building with nine overhead doors provides additional storage or could be rented.
$485k
Two adjacent short-term residential properties, which bring in $40k+ annual rent, could be included for an additional $240k. These properties will not be offered separately. Combined, the three contiguous properties total approximately 6 acres.
Please, principals only.
Email with your contact information. Confidentiality requested and assured.