NOT DISCLOSED, New York
| Asking Price |
$290,000 |
Year Established |
1996 |
|
| Annual Revenue |
$3,500,000 |
Reason for Selling |
Retirement |
|
| Annual P/L |
$0 |
Attention |
Garrett Coleman |
|
| Annual Cash Flow |
$150,000 |
Listing Number |
1016816 |
|
| # of Employees |
2 |
Business Category |
Automotive & Boats: Dealerships - Auto, Truck, Motorcycle |
|
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.
Property Features and Assets:
Market Competition and Expansion:
<p>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.<br></p><p>Adding more inventory can drive more demand and sales.<br></p>
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