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Business for Sale Summary

Automotive Reconditioning Products Route in Queens - 34302

Business Type: auto body/collision repair,automotive dealers/ auto retail,car wash,marine dealers & equipment,misc. wholesale/distribution/non-classifiable,wholesale/dist businesses,routes
Automotive Reconditioning Products Route in Queens
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Financial Information (non-confidential)

General Information
Asking Price $399,000 Down Payment $399,000
Gross Revenues $530,000 Lease Remaining Register Free to View
Owner’s Cash Flow $200,000 Number of FT Employees Register Free to View

Financing

$399,000 Down and Some seller financing may be made available to qualified buyers

Business Description

Established for 25 years, you now have the opportunity to acquire the Queens route for the industry's leading manufacturer of professional automotive reconditioning products. Offering a comprehensive line of waxes, polishes, compounds, dressings, soaps, cleaners, solvents, paints and dyes, these products meets the challenges of today’s advanced finishes, fabrics, and surfaces. Satisfied customers in new & used auto dealerships, body shops, car washes, detail shops, auto auctions, and marinas can attest to the high quality. The owner works 4 solid days a week. You can make even more money than him by adding a day or two to that. The seller will provide you with all the transitional support & training you need to pick up exactly where he leaves off. He will also give you insights into how else you may grow the business. Asking only 2 times verifiable cash flow of $200K, this is true bargain priced at $399K. Unlike other businesses that require one to lease a space (for example. restaurants, laundromats, and gas stations), this business doesn't require one, so you can go on as long as you want with it. Overhead includes gas, tolls, truck insurance, business insurance, and parking, which altogether comes in at about $12.5K, annually. Cost of goods sold average below 40%. A 2013 Ford E-450 is included in the price. Please contact Jay Goldman, the listing broker, at jaygoldman@vestedbb.com to learn more and to make an appointment to speak with the seller. If you are new to Vested Business Brokers, please go to www.vestedbb.com to register to open a free account under listing 34302. Should you want to get the name of this business right away, kindly upgrade to premium membership.

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.