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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


$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.

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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.