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Auto Dealer with License

Newark, Essex County, New Jersey

Asking Price: Gross: Cash Flow:
$165,000 $2,000,000 $50,000

Furniture and Fixtures Value:
$50,000 (included in the asking price)

Business Summary:
This used car lot has a great visibility on Route 21 (Mc Carter Highway) and is just off Interstate 280. Incredible opportunity for the right buyer. Price does not include inventory. Up to 40 cars can fit in the spot. Additionally, there is parking available in the rear. The facility is New Jersey licensed as Motor Vehicle Installment Seller. This great location also brings many money-short folks looking to sell their vehicles at bargain prices to the dealer providing another profit center. If you want to change careers or already have car dealership experience this is a great opportunity.

 
   
   
Year Business was Established: 1999
   
Number of Employees: 3  
   
Facilities / Terms of Lease: Used Car Lot is permitted to display 60 vehicles. Car Lot has 16"x102" office  
   
Competition: Great area for Used car Lot  
   
Owner willing to train: As much training as needed for a smooth transition  
   
Reason for selling: Partnership split  
 

 

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