Profitable Antique & Classic Auto Sales Firm

Southern New Jersey, NJ


Asking Price: Annual Revenue:
$325,000 $379,834

Automotive & Boats: Auto Retail - Auto Parts


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RE: Profitable Antique & Classic Auto Sales Firm Broker: Frank Caroselli
Owner Financing is Available!

Quick Facts

Asking Price: $325,000
Annual Revenue: $379,834
Net Profit: Not Disclosed
Cash Flow: $196,629
Total Debt: Not Disclosed
FF&E: $50,000
Real Estate: Not Disclosed
Year Established: 1989
Employees: 3
BBN Listing #: 575438733
Broker Reference #: LINDENJ001-N777

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Business Overview:

This is a profitable classic auto sales firm. It specializes in Antique, Classic and, Muscle cars. It is diversified in that cars are bought, sold consigned or traded. It is family-owned and operated, primarily serving New Jersey and Pennsylvania. However, these two areas are not the only markets for sale. Classic cars are also sold to customers throughout the USA and as far away as Europe. This business is known for its devotion to hot rodding and for being up front and honest with customers. The type of cars sold can be summarized by an article written in one of the local newspapers “Neat stuff running the whole gamut from nearly pristine Cadillacs to hot-rodded hay haulers, to V-8 Chevy Novas that have clearly seen better days. One-stop shopping for the old car buff, with merchandise tailored to suit any budget.” If the things not original, the owner will do it up himself or sell it as a project car. If you are a bona fide car nut, this is THEE place to visit - friendly, knowledgeable people with a strong hot-rodding background that treat you as a member of the family.” In addition to the business, its property is also available to purchase. It includes 2 buildings .49 acres of property with 3,680 square footage of warehouse, a 2,720 square foot shop area and a 960 square foot office. The property has multiple car related uses from repairs to full blown restoration shop. What sets this business apart from others is its personalized attention and commitment to quality A savvy buyer will be able to take advantage of this firm’s strong foundation of experience, reputation and quality in the area of classic car sales. The ideal buyer will be a larger company/competitor or an individual car person whose vision includes building upon an already successful car company.

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Reason for Selling:

Retirement

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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