Turnkey BHPH Dealership + 13 Acres US-15 Frontage – Seller Financing
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Rare opportunity to acquire ±13.19 acres of assembled commercial real estate — four contiguous parcels with continuous frontage on US-15 in Buckingham County, Virginia, the geographic center of the Commonwealth. The offering includes a ±12,000 SF building improved with a showroom/office and a multi-bay service department, currently operating as an established Buy-Here-Pay-Here auto dealership with an active Virginia dealer license.
The real estate carries the basis: highway-commercial land along this stretch of US-15 and comparable improved auto/service properties in the surrounding Piedmont corridor have transacted in a wide range from roughly $19K to $2.3M per acre depending on improvements and use, with unimproved highway-commercial parcels nearby trading between $90K–$112K/acre. This assemblage offers scale (13± acres vs. the 3–4 acre parcels typical of nearby comps) plus existing income-producing improvements.
The in-place business — averaging approximately $120,500 in normalized annual net income across FY2023–2024 — provides interim cash flow while a buyer evaluates redevelopment, expansion, or continued operation. Buckingham County's car-dependent demographics (3 vehicles/household average, 43-minute average commute) and limited franchised-dealer competition support continued highway-commercial use, while the acreage and frontage leave room for a complementary use or expanded footprint.
Seller financing is available to qualified buyers (10% down), and the seller has indicated willingness to assist with an operational transition if the buyer intends to continue the dealership use.
The real estate carries the basis: highway-commercial land along this stretch of US-15 and comparable improved auto/service properties in the surrounding Piedmont corridor have transacted in a wide range from roughly $19K to $2.3M per acre depending on improvements and use, with unimproved highway-commercial parcels nearby trading between $90K–$112K/acre. This assemblage offers scale (13± acres vs. the 3–4 acre parcels typical of nearby comps) plus existing income-producing improvements.
The in-place business — averaging approximately $120,500 in normalized annual net income across FY2023–2024 — provides interim cash flow while a buyer evaluates redevelopment, expansion, or continued operation. Buckingham County's car-dependent demographics (3 vehicles/household average, 43-minute average commute) and limited franchised-dealer competition support continued highway-commercial use, while the acreage and frontage leave room for a complementary use or expanded footprint.
Seller financing is available to qualified buyers (10% down), and the seller has indicated willingness to assist with an operational transition if the buyer intends to continue the dealership use.
About the Business
- Years in Operation
- 16
- Employees
- 2 (1 Full-time, 1 Part-time)
Established Manager left in 2024 for medical reasons, owner is not wanting to re - Facilities & Assets
- Business occupies a ±12,000 SF steel building on ±13.19 acres with US-15 highway frontage, across four contiguous parcels. Facility includes a showroom/office, parts area, and a service department with multiple bays and lifts — supporting in-house reconditioning and a second revenue stream from repair services. On-site vehicle inventory (~$447K at cost, 229 units) conveys with the sale. Business also includes an active Virginia motor vehicle dealer license and an existing in-house Buy-Here-Pay-Here finance (receivables) portfolio. Large highway-visible display lot with direct US-15 frontage. Substantial undeveloped acreage behind the building leaves room to expand inventory display or add covered service capacity.
- Market Outlook / Competition
- Located in Buckingham County, Virginia — a car-dependent rural market where households average 3 vehicles and the average commute runs 43 minutes. County population is ~17,100 with median household income in the low $50Ks, a classic Buy-Here-Pay-Here customer base. Stable public-sector and industrial employment anchors local demand, including two state correctional facilities (combined ~2,200 capacity) and Kyanite Mining Corp. Franchised-dealer competition is limited locally — the nearest new-car rows are in Farmville, Charlottesville, and Richmond — leaving this highway-visible, established used-car lot well positioned with structural rather than cyclical demand.
- Opportunities for Growth
- The core opportunity is reinstating full-time, on-site management — a staffed sales floor alone would restore all three historical revenue streams (vehicle sales, in-house finance interest, service/repair) to their proven ~$120K/year normalized baseline. Beyond that, undeveloped acreage behind the building supports expanding the display lot, adding covered service capacity, or increasing inventory turn. Rebuilding the in-house finance (A/R) book under disciplined underwriting and collections is the single largest lever, given note originations and collections both slowed significantly in 2025. Limited local franchised-dealer competition and structural, car-dependent demand in Buckingham County support growth in unit sales without needing to expand the trade area.
Real Estate
- Owned or Leased
- Owned
- Included in asking price
- Building Sq. Ft.
- 12,000
About the Sale
- Seller Motivation
- Owner transition - seeking a buyer to restart full-time operations.
- Transition Support
- Seller has indicated a willingness to assist with the operational transition as part of the sale, including guidance on day-to-day dealership operations, the in-house finance/collections process, and vendor and inventory-sourcing relationships. This is intended as a guided handoff rather than a cold start — particularly valuable given the business ran without a dedicated on-site manager through 2025. Specific duration and scope of transition support to be defined in the purchase agreement. Seller financing is available to qualified buyers, which typically supports continued seller involvement and a smoother ownership transition.
- Financing Options
- Seller financing available | 10% down, terms negotiable
Listing Info
- ID
- 2526028
- Listing Views
- 12
Attached DocumentsAttachment Disclaimer
Listing ID: 2526028 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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