MergerPlace

Used Car Dealership for Only 25% Down

New Jersey (Burlington)


  • Asking Price: $999,000
  • Gross Income: $4,077,247
  • Cash Flow: $296,740
  • Real Estate: $650,000
  • Inventory: Not Disclosed
  • FF&E: $423,000
  • Listing ID: #202914
  • Established: 1987
  • Employees: 4 FT

Business Description

This business has been in the same GREAT location for 30 years. It has a large customer base with many repeat sales. There are many dedicated and knowledgeable employees on staff. This business is 100 percent turn key for immediate profits with major potential for growth profits. This used car dealership has 3 bays to do maintenance or repairs and the current owner doesn't use them which is another avenue of income to add to this very profitable business. Selling over 30 cars a month! THE PRICE INCLUDES THE PROPERTY AS WELL.


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: $999,000
Gross Revenue: $4,077,247
Cash Flow: $296,740
FF&E: $423,000
Real Estate: $650,000
Seller Financing Available: Yes

Property Information

Facilities:

The business is on 1.6 acres with 3 stand alone buildings. The main building was just renovated recently. This dealership is in a prime location with a ton of traffic that goes by everyday of the week.

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. This business sells pre-owned vehicles. Licenses required are the following: Merchantile License from township, Motor vehicle sales license from the state and insurance and banking license from the state.

Contact Business Seller

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Business Listed By:

Joe Chiarello

Murphy Business Brokers