$550,000
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Lancaster NE Salem, OR 97305
Business Opportunities
Residence
Beds
Baths
4,000
Sq. Ft.
Property Activity
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Highline Motors is a profitable, turnkey pre-owned auto dealership in desirable North Lancaster Business Park. The business was built from scratch and has been in operation for over 6 years with a stellar online reputation and optimized SEO presence. The structure of the business is brilliantly desi...gned for minimal tax exposure. Currently, the business uses consignment flooring for vehicle inventory - the flooring credit limit is unique to owner and depends on their qualifications. Customers can use CUDL (credit union direct lending) to connect with a network of credit unions for financing. This creates cash incentives for the dealership, which add around $40,000 / year to the bottom line. CUDL membership is also unique to the owner, but qualifying is not difficult. The sale includes all owned inventory, branding, lease takeover, and all office materials. Flexible landlord - additional option periods and re-write will be unique to buyer. The leased building is a 40â?? X 100â?? warehouse on slab with two roll-up doors, new visqueen insulation, a full office & lobby area with two restrooms, and an upstairs loft & storage area. Attractive seller-carried financing available.
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MLS#
812730
Property Type
Business Opportunities
Square Feet
4,000
sq. ft
Price per Sq. Ft.
$137.50
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