Used Car Dealership for Sale in Kings County, NY - 33198 Business Type: automotive dealers/ auto retail

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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
Looking for a profitable used car dealership in Brooklyn, NY? Look no further! This turnkey business is grossing $250,000/mo with an average of 26 cars sold per month, averaging $15k per sale. With a low rent of $6,000 and excellent lease terms from a great landlord, this dealership is located on a major road in Brooklyn with high foot and vehicular traffic. The lot has space for over 25 cars and the business is owner-operated with a loyal sales staff. This is a fantastic opportunity for someone looking to expand their leasing business or get into the industry, as this location is zoned for a used car lot and the business has all necessary licenses. With provable numbers and a confident seller, financing options are available for qualified buyers. Contact Boris Teodoro at 877-735-5224 for more information and upgrade to a premium www.vestedbb.com membership for 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.
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