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Used Car Dealer/Car Rental

Middlesex County, New Jersey

Asking Price: Gross: Cash Flow:
$90,000 $1,200,000 $71,540

Furniture and Fixtures Value:
$4,000 (included in the asking price)

Business Summary:
This is an excellent opportunity to own one of this areas long established used car dealership and car rental business in Middlesex County with a solid reputation for quality vehicles. This dealership is located on a major highway with high traffic and excellent visibility. The lot holds 40 cars and a 1,000sq.ft sales and manager office. This dealer provides special financing packages both prime and sub-prime catering to a diverse customer base. They have an impressive referral rate from very happy customers since 20% are repeat customers. The dealership currently enjoys a strong relationship with numerous finance companies and banks. Great lease and low rent of only $2,500/ month. The sale includes location, great lease rate, and 1,000sq.ft office, trade name, financing sources, website and all existing client records. Does NOT include currents inventory of vehicles but seller will assist new owner with purchase of vehicles. For further information, please contact Gene Reilly at 908-851-9040 Ext 293.

 
   
   
Owner willing to train: Seller will provide 2-4 weeks training  
   
Reason for selling: Other business interest  
 

 

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