Price Reduced - Used Auto Dealership with Real ...

Atlantic County, NJ
Atlantic County

Asking Price: Annual Revenue:
$2,375,000 $6,140,000

Automotive & Boats: Auto Retail - Auto Parts

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RE: Price Reduced - Used Auto Dealership with Real ... Broker: Joseph Delikat
Owner Financing is Available!

Quick Facts

Asking Price: $2,375,000
Annual Revenue: $6,140,000
Net Profit: Not Disclosed
Cash Flow: $316,000
Total Debt: Not Disclosed
FF&E: $150,000
Real Estate: Not Disclosed
Year Established: 1997
Employees: 16
BBN Listing #: 233438734
Broker Reference #: LINDENJ001-N758

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Business Overview:

This is a long established used auto dealership with real estate. The township where the business is located and the surrounding growth townships have zoned out independent car dealers which makes this an ideal opportunity for an existing dealer or right individual to add an advantageous location and improve cash flow. The dealership has a loyal and repeat customer base. They have been helping individuals purchase pre-owned vehicles for over 20 years by providing exceptional personal service. There is a finance team ready to help good people with marginal credit. The dealership generates revenue thru the sale of vehicles to a sub-prime market as well as auto repair and service, spare parts and financing. The approximate breakdown between the real estate value and the business value is $1,625,000 real estate and $750,000 business assets. The owner is motivated to sell. Bring all offers!

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Reason for Selling:

Personal Reasons

Additional Details:

  • The property is owned.
  • 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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