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Used Car Dealership

Queens County, New York

Asking Price: Gross: Cash Flow:
$125,000 $475,000 $140,000

Furniture and Fixtures Value:
$5,000 ( not included in the asking price)

Inventory Value:
$75,000 ( not included in the asking price)

Business Summary:
LISTING ID # 36034An established and thriving used car dealership in Queens County is offered for sale due to the owner's recent heart attack, resulting in a strategic below-market pricing for a swift transaction. This one-person operation generates a monthly profit of $11-12k after all expenses. The dealership includes a fully licensed status, a $100,000 credit line/floor plan, and a strategic location among other car dealerships. With monthly expenses totaling $4,000, the package encompasses a NYC used car dealer license, two dealer plates, space for nine cars on a fully gated and paved lot with security cameras. Strong relationships with major auto auctions, financing options for all credit types, and partnerships with warranty companies are highlights. Established for 25 years, the business has a solid customer base from foot and internet traffic in the busy area, indicating growth potential. With the right new owner, this turnkey operation is poised to generate income immediately. The owner is willing to provide a full two months of training if necessary and prefers a buyer with experience in the car business or a genuine passion for cars. For inquiries, please contact listing broker Brian Bernstein at 929-969-0007.In addition, please register with the listing number above by going to vestedbb.com, enter this number into the search bar, expand the listing, click on “view free financials”, fill out the short contact form and you are registered. This is our electronic non-disclosure agreement.Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at [email protected] or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers. For more information on this listing- copy and paste this link into your browser https://www.vestedbb.com/lid-36034 for instant access to this business information.

 
   
   
Year Business was Established: 1999
   
Number of Employees: 1 FT  
   
Owner willing to finance: Yes  
   
Owner willing to train: Seller will train  
   
Reason for selling: Health  
 

 

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