MergerPlace

Well Known Used Car Lot for Sale

New Jersey (Burlington)


  • Asking Price: $750,000
  • Gross Income: $280,487
  • Cash Flow: $208,487
  • Real Estate: $700,000
  • Inventory: Not Disclosed
  • FF&E: $200,000
  • Listing ID: #202914
  • Established: 1987
  • Employees: 4 FT

Business Description

This used car lot property has been in the same GREAT location for 30 years. This location has 3 bays to do maintenance or repairs and would be great for wholesale & retail. Also for a for a Buy Here Pay Here business. Owner is retiring and business is no longer operating. This price is for property only.


Business Details

Primary Business Category: Retail Trade - Motor Vehicle & Parts
Location: New Jersey
County: Burlington

Company Information

Year Established: 1987
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 4 FT

Financial Information

Asking Price: $750,000
Gross Revenue: $280,487
Cash Flow: $208,487
FF&E: $200,000
Real Estate: $700,000
Seller Financing Available: No

Property Information

Facilities:

The business is on 1.6 acres with 3 stand alone buildings. The main building was just renovated recently. Only Property for Sale.

Growth & expansion opportunities:

There is room for expansion with more inventory. Also, hiring more mechanics to operate existing repair shop could be profitable.

Reason for selling:

Retirement.

Support & Training:

Will train for 2 weeks @ no cost.

Contact Business Seller

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Business Listed By:

Joe Chiarello

Murphy Business Brokers