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Successful Used Car Dealership Garage
Middlesex County, NJ |
Listing #6977 |
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| Financial Information (non-confidential) |
| Asking Price |
$150,000.00 |
Gross Revenues |
$800,000.00 |
| Down Payment |
$150,000.00 |
Owner’s Cash Flow |
$290,280.00 |
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Financing: $150,000.00 Down
Reason for Selling:Other business interests.
Priced to sell! Successful used car dealership and garage. Prime location on highway in densely populated area. Sells approx 200 cars per year (average buying price is $3000-3500; average sales price is $4500-5500). Has 40 cars in inventory at any given time. Owner is currently only full time employee. He has one part time salesman on commission. Garage has two bays but can fit up to 6 cars at a time. Owner currently does not use the garage much (only as a service) and some detailing. It has great money making potential if you hire a mechanic or detailer. Has 80 parking spaces. Owner started this business 10 years ago.
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Vested Corporate
Senior Business Broker
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Servicing Area:
This Broker is Servicing All of States
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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. |
1(877) 735-5224 | 24 Woodbine Ave, Suite #204 Northport, NY 11768 | vestedbb.com |
