Price Reduced - Used Auto Dealership with Real Estate Included

Financial Information

  • Asking Price: $2,375,000
  • Gross Revenue: $6,140,000
  • Cash Flow: $316,000
  • Down Payment: ON REQUEST
  • FF&E (Included): $150,000
  • Inventory: N/A
  • Financing: Yes

Business Location

  • Atlantic
  • Atlantic County
  • New Jersey
Primary Business Category: Used Car Dealers

This is a long established used auto dealership with real estate. The township where the business is located and the surrounding growth townships have zoned out independent car dealers which makes this an ideal opportunity for an existing dealer or right individual to add an advantageous location and improve cash flow. The dealership has a loyal and repeat customer base. They have been helping individuals purchase pre-owned vehicles for over 20 years by providing exceptional personal service. There is a finance team ready to help good people with marginal credit. The dealership generates revenue thru the sale of vehicles to a sub-prime market as well as auto repair and service, spare parts and financing. The approximate breakdown between the real estate value and the business value is $1,625,000 real estate and $750,000 business assets. The owner is motivated to sell. Bring all offers!

Support / Training Comments

Seller will negotiate a transition period

Financing Comments

Seller will consider some financing for a qualified buyer

Reason For Sale
Personal Reasons
  • Home Based: No
  • Year Established: 1997
  • Franchise: No
  • Year Acquired: 1997
  • Willing to Train: Yes
  • Relocatable: No
  • Required Licences: Business, State

  • Is Property Leased: No
  • Real Estate Available: Yes
  • Real Estate Included: Yes
  • Real Estate Value: $1,700,000
  • Real Estate Asking: $1,700,000
  • Days Open: Monday-Saturday
  • Fulltime Employees: 11
  • Part time Employees: 5
  • Is Management Staying: No
  • Distressed: No
  • Monthly Payroll: $0
  • Building Size: 7,600 sq ft
  • Parking: Ample
  • Monthly Rent: N/A
  • Lease Terms: Included in sale price

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Business Listed by

Sunbelt Linden

Contact: Joseph Delikat
Office Phone: 732-494-6766
Mobile Phone: (856) 465-6689
Listing ID: LINDENJ001-N758

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