Auto Sales and Repair Opportunity

Undisclosed Address, Rhode Island
Business Opportunity for Sale
Catylist Listing ID: 30437741
Property Subtypes: Auto Related
Building Size (RSF): 3,000 SF
Sale Price: $125,000
Name of Establishment: S&S Auto Sales
Year Business Established: 2007
Gross Revenue: $0 (Annual)
Cash Flow: $0 (Annual)
Cash Flow Type: Sellers Discretionary Earnings
Sale Terms: Cash to Seller. Prospective Buyers must provide proof of financial capacity before we will disclose any confidential financial information.
Last Updated: 6/4/2019

Overview / Comments

Strengths: Well established auto sales and repair business. Established history of customer retention. Well located for access to new employment generators in Providence as well as new residential housing developments.

Weakness: No marketing efforts implemented

Opportunity: This business would benefit tremendously from a social media-savvy owner/operator. There is consistent traditional customer traffic but no effort has been made to capitalize on social media marketing to attract millennial car buyers.

Threats: None

Additional Details

Industry Segment: Auto Dealers
Reason for Selling: Other business interests and obligations.
Value of Inventory Included ($): $0
Value of Furniture, Fixtures, and Equipment ($): $0
Value of Real Estate Included ($): $0
Mgmt/Training Support Description: Seller willing to train new owner(s).
Seller Financing Description: Negotiable

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,055 20,947 38,640
Median Age: 41.9 43.9 44.31
Households: 433 8,398 14,886

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