Managing Partner / General Manager (Equity Investment Required)

Parkview Auto Group • Full-time • Lowell, MA, US • 1w ago

Job Title: Managing Partner / General Manager (Equity Investment Required)

Location: Lowell, MA

Dealership Type: Independent, Pre-Owned

Position Overview

We are seeking an entrepreneurial, high-performing Managing Partner to lead and scale an independent, pre-owned car dealership in Lowell, MA. This location was previously home to a highly successful pre-owned dealership that was managed by a single owner until his recent retirement, creating this rare turn-key opportunity. This is an ideal situation for a franchised new-car dealer looking to retail high-quality trades that would otherwise go to auction, or a current General Manager ready for ownership.

You will have full operational control, overseeing daily operations and inventory acquisition. The dealership occupies a prime location on a heavily traveled road, with substantial frontage and parking for 100 vehicles. It features an active Class II dealer license, prominent signage, and an established long-term lease with a very low rent factor.

Key Responsibilities

Inventory Acquisition: Source, bid, and purchase profitable pre-owned inventory via auctions, trade-ins, and private parties.
Daily Operations: Oversee sales, finance (F&I), service, marketing, and administrative functions.
Financial Management: Drive dealership profitability, manage cash flow, and optimize department budgets.
Team Leadership: Recruit, train, and motivate a high-performing sales and support staff.
Compliance: Ensure absolute adherence to Massachusetts RMV regulations and Class II licensing standards.

Required Qualifications & Financial Terms

Experience: Proven track record as a franchised new-car dealer, owner, or dealership General Manager.
Net Worth: Minimum verifiable net worth of $1,000,000.
Liquid Capital: Minimum of $250,000 in liquid capital required for immediate operational investment.
Equity Terms: Ownership and equity percentage are fully negotiable based on the proposed capital investment.

What We Offer

Established Location: A historically profitable site with built-in local trust from a recently retired owner.
Strategic Synergy: High automotive traffic corridor located less than 1 mile from multiple new-car franchises.
Prime Real Estate: Highly visible location with a 100-car capacity and prominent signage.
Low Overhead: Exceptional long-term lease terms with a below-market rent factor.
Equity & Autonomy: Significant equity stake with maximum operational decision-making freedom.

Confidentiality & Screening Notice

Strict Confidence: All inquiries will be held in strict confidence.
Serious Inquiries Only: Only candidates who meet both the experience and capitalization requirements will be considered.