Vintage car dealer making the big move in Derry
DERRY - Stephen Condodemetraky is moving dustyoldcars.com, his antique and vintage car sales business, to a larger facility at 8 Tinkham Ave. and hopes to see his business nearly double over the next year.
The town's zoning board of adjustment recently granted a variance allowing Condodemetraky to operate the business in the industrial zone on Tinkham Avenue. It also granted a special exception allowing the business to operate in a groundwater resource district. The business has operated in Derry for the past two years on North High Street.
Condodemetraky said he hopes to see the number of cars he has in stock grow from 75 to 135 and to double the number of employees from 10 to 20 this year. This growth won't rely on a traditional dealer's lot: There is no outdoor display for the vehicles and the majority of his sales take place over the Internet. "We buy and sell primarily antique and vintage cars that are pre-1975," he said. "The lot or showroom will be all inside the building."
Other than doing some minor service on its own cars, Condodemetraky said there will be no repairs done on site. Over the past several years, he said the business has sold cars to 20 countries, including Russia, New Zealand, Australia, and China.
"We are a retail auto dealership in the eyes of New Hampshire, but we act much more like an online or internet business," Condodemetraky said. "Ninety percent of our business does not come to us physically."
There will be steps taken to protect the groundwater in the district, including special vinyl mats to collect runoff when cars are washed, according to Condodemetraky.
Town code enforcement officer Robert Mackey said the variance was needed because used car lots are not a permitted use in the district. The change in zoning was put in place to limit the district being lined with used car lots, he said. "This is a little different in that it is an enclosed type of business."
Kevin Coyle, who owns a car lot on an abutting lot on Folsom Road, said he was in favor of the variance for Condodemetraky.
"It's good to see business in the community," he said.