Business Description Business Offered at $875,000 in Milford, CT-With Land / Lease ESTABLISHED AUTOMOTIVE DEALERSHIP & SERVICE CENTER - PRIME US ROUTE 1 LOCATION This exceptional automotive business opportunity combines nearly six decades of operational excellence with prime commercial real estate in one of Connecticut's most desirable locations. Established in 1965, this multi-faceted automotive operation offers immediate cash flow potential with significant expansion opportunities. BUSINESS OVERVIEW: - Operating continuously for 58+ years with established customer base - Specializes in quality used car sales and automotive services - Strong reputation for mid to high-end vehicles at competitive prices - Well-established financing programs with repeat customer loyalty - Grandfathered zoning permits for dealership, body shop, and repair services PROPERTY HIGHLIGHTS: - 2,400 square feet of professional facilities built in 1930 - Prime US Route 1 frontage with exceptional visibility - 2-vehicle indoor showroom with professional office space - Lot capacity for approximately 65 vehicles - Climate-controlled facilities with gas heating and air conditioning - Professional bathroom facilities and customer areas - Rear parking area for additional inventory storage STRATEGIC LOCATION ADVANTAGES: - High-traffic US Route 1 corridor in Milford, Connecticut - 8 minutes from I-95 and Route 15 (Merritt Parkway) - Surrounded by complementary automotive businesses - Strong drive-by traffic count in established automotive district - New Haven County's premier automotive corridor FINANCIAL STRUCTURE: - Asking Price: $875,000 - Land lease arrangement with potential purchase option - Owner financing available for qualified candidates - 30% down payment requirement - Triple net lease terms EXPANSION OPPORTUNITIES: - Environmental assessments completed (Phases 1-3) with clean certification - Significant room for facility expansion - Flexible zoning allows for redevelopment opportunities - Potential for major chain retail or restaurant conversion - Mixed-use development possibilities OWNER TRANSITION: - Current owner retiring and motivated to sell - Training and operational support available - Potential for owner to assist during transition period - Comprehensive business records available to qualified buyers This turnkey operation represents an ideal opportunity for an automotive professional or investor seeking an established business with proven systems, prime location, and multiple revenue streams in Connecticut's thriving automotive market. Detailed Information Location: Milford, CT Real Estate: Owned Building SF: 2,400 Financing: Owner Financing Available For Right Candidate Reason for Selling: Owner Retiring Soon