Autp Retail / Auto Wholesale / Auto Broker

Not Disclosed, NY
Queens County

Asking Price: Annual Revenue:
$295,000 $650,000

Automotive & Boats: Dealerships - Auto, Truck, Motorcycle

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RE: Autp Retail / Auto Wholesale / Auto Broker Broker: Tony Torella
Owner Financing is Available!

Quick Facts

Asking Price: $295,000
Annual Revenue: $650,000
Net Profit: Not Disclosed
Cash Flow: $285,507
Total Debt: Not Disclosed
FF&E: $2,500
Real Estate: Not Disclosed
Year Established: 2021
Employees: Not Disclosed
BBN Listing #: 255643099
Broker Reference #: EBG-194322051

Email or Print Listing

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Business Overview:

This highly profitable business is owned by four partners. Two of the partners are running the business on a day-to-day basis, while the other two partners are investors who live in China. Because of partnership issues which have frustrated all four owners, it was decided that it would be in everyone's best interest to put the business on the market for sale.

Even though this business has only been in operation since May, 2021, it has a business model that has proven to be very effective and highly profitable.

The owners of the business have the following licenses:
1) Auto Dealer Retail License
2) Auto Dealer Wholesale License
3) Auto Broker License

In addition to the two partners, who are operating the business, there are 5 outside sales reps who are paid on a commission basis..

All revenue and cash flow claims will be proven and clearly documented by the sellers.

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Property Features and Assets:

Street Level building (700 square feet), with a basement (200 square feet).

Market Competition and Expansion:

Competition is not an issue. This company has developed its own special niche in the Auto Wholesale market. And, most importantly, the operating partners have developed solid relationships with retail dealers, auction houses and auto body shops. The forecast for growth is very strong. It is based not only on the current success of the business, but also on the future revenue projections that are expected as a result of the fine-tuned business model that was developed by the current owners, and the non-stop high demand that exists in the automobile market for late model used cars.

Reason for Selling:

Partnership Issues.

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.

Relevant Links:

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