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Asking Price$600,000
Revenue$1,303,000 Established2009
Cash Flow$285,480 Employees2 full, 1 part
FF&E$40,000 FranchiseNo
Inventory$180,000 RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Very successful used car dealership located in Queens, NY on "dealership row". The only used car dealership in this busy auto shopping area. The owner is absentee and an onsite owner would make the sales volume even better. All required New York City licenses and permits are transferable to new owner. The dealership is able to assign new tags upon the sale of a car. They also have solid bank recognition for financing and a $250,000 open line of credit with national auctioneers which would extend to the new owner. This is a rare opportunity to own and IMMEDIATELY operate a first class used car dealership within New York City. Make offers!
Training/Support:seller will train
Seller Financing:350,000.00 down & Balance of $250,000 payable at 6% Int. for 60 months
Sale Reason:Re-locating out of state.
Ad #31368
Seller Reference #21753
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Ken Zwiebel
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