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Used Car Dealership

Hudson County, New Jersey

Asking Price: Gross: Cash Flow:
$55,000 $336,000 $59,660

Business Summary:
Used car business is situated on a busy road in a densely populated area in Hudson County next to a car repair. One man band on a 4,000 sq. ft. lot fits up to 26 cars. In stock 18-20 cars. Price range: $3,500-$7,000. Convert to buy here/pay here. Business priced @ $45,000 without license or $55,000 with transferable license or trade a car. Come attend auctions and purchase at wholesale. Incl. 5 licenses. Breakdown of sales: 80% online, 20% private. For further information please contact Peter Markalunas at 908-851-9040 Ext. 272.

 
   
   
Year Business was Established: 2002
   
Facilities / Terms of Lease: Office 140 sq. ft., lot 4,136 sq. ft.. Lease 4 years (1 yr + 3 yrs (inc 100p/yr)) plus a 5 year option  
   
Competition: Other  
   
Owner willing to finance: All cash, $55,000 with license or $45,000 without license or a car trade  
   
Reason for selling: Wants to partner up  

 

 

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