Rare opportunity for an automotive operator to acquire the established trade
name, goodwill, customer base, reputation, furniture, office furnishings and
other agreed transferable assets of a long-established independent automobile
dealership at 6000 Ritchie Highway, Baltimore, MD 21225.
This is an asset and goodwill sale. The purchaser will operate through their own
legal business entity and acquire only the assets specifically identified in the
final agreement.
The dealership has operated in the market for approximately 35 years, building
strong name recognition, customer loyalty, repeat business, referrals and
community reputation. Rather than starting from scratch, a qualified buyer can
step into an established dealership identity with decades of accumulated
goodwill and customer awareness.
WHAT IS INCLUDED:
Established dealership trade name
Goodwill and brand recognition
Established customer base and customer relationships
Repeat and referral business
Local and online reputation
Furniture, office furnishings and agreed fixtures/business assets
Transferable digital and branding assets, where applicable
Reasonable transition assistance from ownership
PROPERTY & LOCATION:
6000 Ritchie Highway is a highly visible automotive property consisting of
approximately 0.
92 acres with approximately 5,234 SF across two buildings. The
site offers roughly 200 feet of Ritchie Highway frontage, C4 Highway Commercial
zoning, prominent signage, multiple access points and capacity for 150+
vehicles.
The front building includes showroom/reception space, private offices,
additional workspace, restrooms and storage.
A separate rear automotive service
facility includes four service bays, overhead doors, dedicated shop space, three
vehicle lifts and certain service equipment subject to final transaction terms.
The property is approximately one-half mile from I-695 Exit 3A with convenient
access to I-95, I-97, South Baltimore, Anne Arundel County, Baltimore City and
surrounding counties. The signalized Ritchie Highway location sees approximately
38,451 vehicles per day and benefits from significant nearby residential growth,
including a community of 2,500+ new townhomes directly across from the
dealership.
SERVICE & GROWTH OPPORTUNITY:
The service facility provides meaningful additional upside. The shop previously
operated as a Maryland State Inspection facility and could support inspections,
repair, reconditioning, maintenance, detailing and related automotive services,
subject to licensing and approvals.
Additional growth opportunities include increased vehicle inventory, financing,
digital marketing, social media, referral programs, outreach to past customers
and expanded use of the property's 150+ vehicle capacity.
LEASE OPPORTUNITY:
The purchaser will have the opportunity to lease the dealership property
separately from the asset transaction.
Flexible Lease with possible purchase option.
Ownership is pursuing retirement after decades in the automotive business and
will provide reasonable transition assistance to a qualified buyer.