$610,000

1551 S Broadway

Cortez CO, 81321

Description

In Cortez, this established used car dealership is for sale with real estate included; 1.33 acres. Sales have typically been in excess of $1.5M annually between this and the sister location in Durango (that biz opportunity is included in this listing without any real estate - but may also be sold separately). Automobile inventory existing at closing is offered in addition to the sales price, at Seller cost. That inventory is tied to a Floor Plan, so a Purchaser must pay off or obtain credit to continue Floor Plan. This Cortez property is fenced and includes some ancillary structures; plus, all trade fixtures will stay. The Durango location includes the business opportunity and only that FFE and trade fixtures owned by the Seller. To facilitate a smooth transition, the Seller is very willing to train and provide support for a negotiable period of time, along with the probability current staff members will stay in position. The Cortez location has three employees (two of those for 3 years and 14 years, respectively) along with the business owner. The Durango location has one employee (11 years). Services available and historical have included: mechanical repairs, detailing of customer vehicles, windshields, financing, warranties, and consignment sales.

Details

MLS#779884
Listing TypeFor Sale
StyleIQWeb_Other Business Opportunity
Sub-TypeResale
StatusActive
Year1974
Days On Site53

Features

SQ Feet2,550
Story(s)1
Units2
ZoningCommercial

Market Activity 81321

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Area Information
StateCO
CountyMontezuma
CityCortez
Zip Code81321
AreaCortez
Listing VS Median (in 81321)
Price:
$610,000
low | high
Med:
$189,000
100% of Average
SqFt:
2,550
low | high
Med:
7,500
100% of Average
$ / SqFt:
$239
low | high
Med:
$25
100% of Average
On Site:
53
low | high
Med:
191
27.748691099476% of Average
Sourced by Back At You
Listing Updated: May 12, 2021 8:37:26 PM PDT
Brenda Bates LogoMLS Number: 779884
Listing Provided By:
Brenda Bates  of  RE MAX Mesa Verde Realty

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