Used Car Dealership With Strong History And Relationships
Not Disclosed, NY Broome County
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- RE: Used Car Dealership With Strong History And Relationships
- Contact: Garrett Coleman
Quick Facts
| Asking Price: | $290,000 | |
| Annual Revenue: | $3,500,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $150,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $10,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1996 | |
| Employees: | 2 | |
| BBN Listing #: | 1016816 | |
| Broker Reference #: | 60394-383176 |
Business Overview:
A long time operating used car dealership on a busy highway. Selling approximately 300 cars per year with about $3.5 to $4.0 million in a annual revenue. The owner has established long standing relationships with customers and local financing arrangements. Two established employees can operate the business efficiently. The owner will finance the real estate if a buyer purchases the business.
Contact the Seller:
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Market Competition and Expansion:
There are other used car dealers but they concentrate on cars with 80,000 to 120,000 miles that sell for $8,000 to $14,000 where there is significant demand.
Adding more inventory can drive more demand and sales.
Reason for Selling:
Retirement. Kindly ask the seller for more information.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more New York businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
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