9085-Used Auto Dealership
Asking Price:   $395,000Inventory:   $250,000 **
Gross Revenue:   $2,880,000 (comments below)Real Estate:   n/a
Cash Flow:   $360,000FF&E:   n/a
++ included in the asking price         ** not included in the asking price
Gross Revenue Comments: Includes interest on car loans
AUTO INDUSTRY PROFESSIONALS ONLY, Outstanding Camden County Buy Here, Pay Here. Potential to earn $500,000 or more. Long established with referral relationships and approximately 500 active accounts. Real Estate option, purchase receivable option. Successful buyer must have $300,000 in working capital beyond purchase price, plus strong credit history. Location is ideal for drawing business, convenient to transportation. if seller were to keep business, he would add car rental and expand the service area. Cash flow reflects one FT owner/operator taking no salary.
About the Business
Year Established:1994
Employees:12 full time -
About the Sale
Management Training and Support:2 weeks. Finance mgr willing to stay up to 6 mos if requested
Reason For Selling:Retirement

KEYWORDS: auto sales, used auto sales, car dealership, used car sales


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Tannenbaum & Mehta  |  Tannenbaum & Mehta
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