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Business for Sale Summary

Used Car Dealership for Sale in Kings County, NY - 33198

Business Type: automotive dealers/ auto retail
Used Car Dealership for Sale in Kings County, NY
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Financial Information (non-confidential)

General Information
Asking Price $275,000 Down Payment $165,000
Gross Revenues $3,000,000 Lease Remaining Register Free to View
Owner’s Cash Flow $150,000 Number of FT Employees Register Free to View

Financing

$165,000 Down and 110K @ 7% over 24 months

Business Description

Check out this Profitable Used Car Dealership in Brooklyn, NY grossing $250,000/mo. Average sales are 26 cars a month. Average car sales are $15k. Low rent of $6,000 and great lease terms and great landlord. Located on a great major road in Brooklyn. The lot fits over 25 car spaces. This business is owner operated and has a great and loyal sales staff. This is a perfect opportunity for somebody who wants to get in to or expand their leasing business as this location is zoned for a used car lot and the business has a motor vehicle license and consumer affair license. If you?re in the business, you?ll know right away what the potential is based on the lease, the location, and the provable numbers of this dealership. Seller is very confident in location, that seller-financing is available to a qualified buyer. Seller is looking to retire. Please call Boris Teodoro at 877-735-5224 for more information. Kindly upgrade your www.vestedbb.com membership to premium to get the address.

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.