78 Confidential Street , Lawrence, MA 01843
Lawrence, MA 01843
Description
Here is a marvelous opportunity to own a well-established and thriving auto rental business strategically located right in the business district of Lawrence with high visibility. Business is privately owned and not in a franchise. It has been in operation for over 21 years with a yearly cash income of over $700k and a monthly cash flow of $55k-$60k. Sale includes commercial real estate which is comprised of first floor offices and two residential units that yield an additional monthly income of $3k. There is a huge fenced-in parking lot with a big garage area for auto detailing. Business inventory includes 40 vehicles of assorted makes and models. This is an up and running, solid business with repeat customers. Take it over to continue the cash flow privately or be part of a franchise. Owner is retiring after many years in business. Full inventory list and books will be provided upon request as needed. Serious Buyers only. Please contact agent for more details and inquiries.
Details
| Mls | 73261867 |
|---|---|
| Listing Type | For Sale |
| Subtype | Resale |
| Status | Active |
| Year | 1920 |
| Days On Site | 150 |
| Listing Provided By | Dick Lepine Real Estate,Inc. | Salihu Mohammed |
Features
| Baths | 3 |
|---|---|
| Sq Feet | 4,472 |
| Zoning | B1 |
| Acreage | 0.20 |
Market Activity 01843
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Learn More About This Property
| State | MA |
|---|---|
| County | Essex |
| City | Lawrence |
| Zip Code | 01843 |
| Area | Essex |
| Listing VS Median (in 01843) | |
Price: $3,500,000 low | high Med: $542,450 SqFt: 4,472 low | high Med: 1,771 $ / SqFt: $783 low | high Med: $323 On Site: 150 low | high Med: 58.000000 | |