Auto Dealership - Pre-Owned - 25907

Queens County, NY
Queens County

Asking Price: Annual Revenue:
$175,000 $480,000

Automotive & Boats: Auto Retail - Auto Parts

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RE: Auto Dealership - Pre-Owned - 25907 Broker: Melvin L. Vaz

Quick Facts

Asking Price: $175,000
Annual Revenue: $480,000
Net Profit: Not Disclosed
Cash Flow: $180,260
Total Debt: Not Disclosed
FF&E: $50,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 58584447
Broker Reference #: 25907

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Business Overview:

Auto Dealership - Pre-Owned. Great corner location on a very busy road. Great visibilty. Lot can hold up to 40 vehicles. The business operates from 7 days from 10am-7pm with 2 employees, plus the owner. They have been established for 6 years with 15 financing lenders and more than 5 warranty companies. A line of credit can be obtained with a floor plan company to purchase additional vehicles. They sell approx. 20-25 vehicles per month. In the past year gross sales were approx. $480,000.00 with a net income of approximately $180,000.00. We are seeking a serious and financially qualified buyer with at least $110,000 in liquid funds, plus an additional $50,000 to cover working capital. If you meet these qualifications, call Mel Vaz for more information on the business.

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Reason for Selling:

Other Business Interests

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.

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