Financing: $75,000.00 Down and TBD
Reason for Selling:The seller, being an absentee owner, has to relay on the partners, who are ruing the business.
This used- cars business is located on one of the busiest roads on Long island. The size of the site is 80x
120, which can hold over fifty cars at a time. It has an extremely-decorated office, with up-to-date technology to conduct business on a daily basis
The seller started this business about six months ago, acting as an absentee owner, but, now unfortunately,
has come to know that his partners are not conducting the business with ethics.
The business has been selling thirty cars a month; plenty of walk-in customers, due to the location.
The business, at present, has about thirty cars in its inventory, within the ranges of Mercedes, BMWs...
The inventory itself is worth about $250,000. The seller, having a totally different professional background,
does not have the knowledge to run it, therefore, is willing to accept 25% as a down payment.
The seller owns the property, and wants to sell with property for $ 1.4 millions.
If somebody is already in this business, please look at the site, and see how attractive is the location!
Disclaimer: The information in these listings have been provided by the Seller and Vested Business Brokers, Ltd. has not independently verified this information and has no responsibility for its accuracy or completeness. Vested recommends that you consult with an accountant, attorney and other professionals to represent and assist you in any transaction. Vested's associate brokers will arrange a meeting between you, your representatives and the Seller, but is not authorized to make any representations or warranties. You agree to hold Vested and its associated brokers harmless of any misrepresentations made by seller.