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Business For Sale

Used Cars, Parts/Repair

Not Disclosed, NY, USA

Auto & Mech: Retail

Business For Sale
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$260,000
Not Disclosed
Not Disclosed
$357,990
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
1991
5
31892979

Business for Sale Overview:

This used car dealer only deals with specific types of cars purchased at specified auctions. Handles about 500 cars a year (Ford Crown Victoria). Makes over 100% mark up per car. Main building 6,000 square feet has complete repair facility, 3 lifts, transmitter shop 2 inspection machines, tire machine, complete diagnostic equipment and certified Ford computers. Cars purchased to a new car look. Sold to repeat customers and to by word of mouth to other satisfied customers and to exerting tax companies nationwide. Business can easily be relocated to a well traveling highway as telephone number is the most important sale item. Dealership is well known and respected (no NYC cars are handled) only cars from suburban areas and bought at auctions. About 35-40 cars kept in inventory with a value of $125,000 – at times cars sold without handling. Average sale of car is at a huge mark up – yard car parking 50 cars, plus 15 cars inside. Yard and building is about 20,000 square feet plus parking on roof. Owner will stay on until buyers are trained.

For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.

Market Competition and Expansion:

Competition: Not too many competitors in this unique niche business – selling special types of used cars. Expansion: Advertising – getting larger quarters and purchasing more specialty cars at auctions only handles Ford Crown Victoria at present.

Reason for Selling:

Owner involved in international finance – this hob

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.
  • This is not a distressed business or bankruptcy situation.

Resources:

 

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