Price Reduced 16.67%

$4,000,000

Est. Mortgage $21,022/mo *

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78 Confidential Way, Lawrence, MA, 01843

78 Confidential Way, Lawrence, MA, 01843
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1920

4,472 sqft

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 20 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.

Status:

Active

Type:

Commercial

Zoning:

B1

Parking:

30-car

Acreage:

0.2

Est. Taxes:

$11,196

Utilities

Public Water, Public Sewer, Natural Gas Available, 110 Volts

MLS #:

73145388

Buyer Agent Compensation:

2%%

Facilitator Compensation:

2%%

Community Info

School Info

Walk Score

Mass Transit

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Listing courtesy of Salihu Mohammed, Dick Lepine Real Estate,Inc.