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Business for Sale Summary

Car Dealership for sale in Suffolk County - 34586

Business Type: misc. retail/non-classifiable,automotive dealers/ auto retail
Car Dealership for sale in Suffolk County
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This business has received 21 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $150,000 Down Payment $75,000
Gross Revenues $800,000 Lease Remaining Register Free to View
Owner’s Cash Flow $110,000 Number of FT Employees Register Free to View

Financing

$75,000 Down and A note of $75,000 at 7% for 24 months.

Business Description

A privately-owned used car dealership, with all the essential permits, is located on a very busy road on Long Island. The size of the lot is over one quarter of an acre.. The lot can hold 60 cars at a time. A buyer will also get an excellent net work to further expand the business. A new buyer will also have an access to three known lending institutions which deal with the auto loans, A great location with an established clientele. The seller has a family situation, that's why he has decided to sell the business. A turn-key operation. The seller's net cash flow, after paying all the expenses, is over $110,000 a year. Call Syed at 631-374-7686 for more information.

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.