Used Car Business
Location New York,United States
Asking Price Range < $250K
Gross Revenues $0
Net Profit / Cash Flow $0
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 2006
Number of Employees 1 - 3
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Leased
Training Seller will train
Reason for Sale Personal
Description This used- cars business is located on one of the busiest roads on Long island. The size of the site is 80x 120, which can hold over fifty cars at a time. It has an extremely-decorated office, with up-to-date technology to conduct business on a daily basis The seller started this business about six months ago, acting as an absentee owner, but, now unfortunately, has come to know that his partners are not conducting the business with ethics. The business has been selling thirty cars a month; plenty of walk-in customers, due to the location. The business, at present, has about thirty cars in its inventory, within the ranges of Mercedes, BMWs... The inventory itself is worth about $250,000. The seller, having a totally different professional background, does not have the knowledge to run it, therefore, is willing to accept 25% as a down payment. The seller owns the property, and wants to sell with property for $ 1.4 millions. If somebody is already in this business, please look at the site, and see how attractive is the location! Call Syed at 631-374-7686 for more information.
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