Auto Wholesaler / Auto Broker Business

Not Disclosed, NY
Queens County


Asking Price: Annual Revenue:
$350,000 $1,057,038

Automotive & Boats: Dealerships - Auto, Truck, Motorcycle


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RE: Auto Wholesaler / Auto Broker Business Broker: Tony Torella
Owner Financing is Available!

Quick Facts

Asking Price: $350,000
Annual Revenue: $1,057,038
Net Profit: $265,507
Cash Flow: $365,507
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

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Business Overview:

This highly profitable business is owned by four partners who have had numerous disagreements. Two of the partners operate the business on a day-to-day basis, while the other two partners are investors who live in China. Because the partnership issues 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. In the short period of time that the business has been in existence it has grown to an annual rate of revenue exceeding $1,000,000.

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 (900 square feet), with a basement (300 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 and auction houses. 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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