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Thriving Used Car Dealership In Queens County For Sale

New York, US
Asking Price:
$125,000
Sales Revenue:
$475,000
Cash Flow:
$140,000

LISTING ID # 36034

An established and thriving used car dealership in Queens County is offered for sale due to the owner's recent heart attack, resulting in a strategic below-market pricing for a swift transaction. This one-person operation generates a monthly profit of $11-12k after all expenses. The dealership includes a fully licensed status, a $100,000 credit line/floor plan, and a strategic location among other car dealerships. With monthly expenses totaling $4,000, the package encompasses a NYC used car dealer license, two dealer plates, space for nine cars on a fully gated and paved lot with security cameras.

Strong relationships with major auto auctions, financing options for all credit types, and partnerships with warranty companies are highlights. Established for 25 years, the business has a solid customer base from foot and internet traffic in the busy area, indicating growth potential. With the right new owner, this turnkey operation is poised to generate income immediately. The owner is willing to provide a full two months of training if necessary and prefers a buyer with experience in the car business or a genuine passion for cars.

Business Operation

Reasons for selling:

Health

Employees:
1 FT
Years established:
25

Other Information

Support & training:

Seller will train

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

75,000.00 Down & balance of $25k for 24 months @ 8%

Furniture / Fixtures value:
$5,000
Inventory / Stock value:
$75,000