Auto Dealership - Pre-Owned - 25907
- Listing Id: 9215
- Broker Name: Vested Business Brokers Ltd
- Category: Auto Dealerships
- Asking Price: $175,000.00
- EBITDA: N/A
- Real Estate: N/A
- Cash Flow: $180,260.00
- Inventory: $200,000.00
- No. Of Full-Time Employees: N/A
- No. Of Part-Time Employees: N/A
- Gross Income: $480,000.00
- FF&E: $50,000.00
- Year Built: N/A
- Address: Click Here
- Zip Code: Click Here
- City: Queens
- State: NY
- Country: United States
- Tenancy: Single
- Occupancy: N/A
- Lot Size: N/A
- Available: Yes
Description
Auto Dealership - Pre-Owned. Great corner location on a very busy road. Great visibilty. Lot can hold up to 40 vehicles. The business operates from 7 days from 10am-7pm with 2 employees, plus the owner. They have been established for 6 years with 15 financing lenders and more than 5 warranty companies. A line of credit can be obtained with a floor plan company to purchase additional vehicles. They sell approx. 20-25 vehicles per month. In the past year gross sales were approx. $480,000.00 with a net income of approx. $180,000.00. We are seeking a serious and financially qualified buyer with at least $110K in liquid funds, plus an additional $50K to cover working capital. If you meet these qualifications, call Mel Vaz at 1-877-735-5224. Please refer to the confidentiality agreement below for more information on the business.
Financial Summary
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