Business for Sale

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Business for Sale Summary [Non-Confidential]

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New Haven County, CT

Business Type: retailing businesses,automotive dealers/ auto retail,services businesses,repair services

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Non-Confidencial Financial Infomation

  • Asking Price

    $200,000.00

  • Gross Revenues

    $323,453.00

  • Financing

    $ 150,000.00 Down and $50,000 at 8.5% for 24 months

  • Owner's Cash Flow

    $101,768.00

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Business Description

There are three parts to this vibrant business that could be expanded and will protect profits. Used car and truck sales (40% business) including 18 wheelers. Upgrade and repair of fleet service with one major well known very loyal customer (50%). Personal Auto/Truck repair (10%). Large used car/truck lot located on major thoroughfare. Arrangement also with another local dealer to sell used cars supplied by this owner and split the profits. Two bay garage that could be expanded to three including large capacity 15,000 pound lift. Each business could be grown as owner makes a comfortable living working hours of his choosing. Price includes difficult to get used car sales license and $60,000 in equipment. Price does not include truck/car inventory and a separate deal needs to be negotiated with the owner (currently $70,000 in inventory).

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