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3572jh Used Cars / Rental / Repairs

New Jersey

Asking Price: Gross: Cash Flow:
$975,000 $472,765 $80,751

Inventory Value:
$6,000 ( not included in the asking price)

Real Estate:
$650,000 (included in the asking price)

Business Summary:
Used Cars / Rentals / Repairs

 
   
   
Year Business was Established: 1998
   
Number of Employees: 4  
   
Facilities / Terms of Lease: 28,160 sq. ft. up to 3f car parking. Good condition lease 15 yrs.  
   
Potential Growth/Expansion: add audio, tires, and accessories  
   
Competition: some  
   
Owner willing to finance: 875k down bal 100k payable in 3-4 yrs prime +1%  
   
Owner willing to train: 2  
   
Reason for selling: wants to slow down  
 

 

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