Asking price in this ad copy is for Business assets only. Real estate can be purchased at fair market appraised value, approximately $3MM. Inventory owned outright and via lines are roughly $3MM. Buy in to a world renowned and branded dealership that has almost 3 decades of goodwill! Facility is massive, shows phenomenally, and sits upon 3 acres upon which additional services and features can be added to add gross income and net profits. Impressive showroom layout with plenty of salable "moving" inventory, clean repair bays, pride of ownership by the Seller goes hand in hand with pride in workmanship by the staff. Seller is CEO type that is involved in day to day operations during busy periods, but this operation can and has been managed remotely during extended vacations and holidays. Not exactly a set it and forget it operation, however, all major revenue sources, new/used unit sales, repair, insurance & accessories etc..., all have department managers that are held accountable for their respective divisions. No deferred maintenance, improvements, or otherwise, truly a pristine and glorious turnkey opportunity for someone looking for a crown jewel acquisition in the dealership space. Strong balance sheet/personal financial statement required and excellent credit worthy Buyers only. Buyers will have to run through the gauntlet of qualification with corporate, so be prepared for lots of paperwork to get to the finish line on this. NDA is required for comprehensive sales prospectus on file with the Broker.
Inventory: Not included in asking price. Real Estate: Not included in asking price. Facilities: 3 acre property, 30,000 square feet hybrid retail / service / office / storage space. $500,000.00 in improvements in the past 7 years alone. Clean environmental reports across the board. Property is a 4 hour drive from Manhattan - secure great income and an excellent business surrounded by nature instead of high rises! Financing: $330k Down, Bank $559k, Seller $110k Carry for 60 Months @ 5%! Support & Training: 2 months on the house part time by the Seller, any additional would be on demand paid consulting subject to mutually agreed terms and conditions.
Asking Price $500,000
You May Also Like
Pre-Owned Auto Dealer #452551 posted Aug 26, 2016
- Union County, New Jersey, United States
Owner retiring from the industry, modern retail pre-owned Auto Dealership which has been upgraded and includes a valuable state dealers license and municipal approval to conduct business in this particular industry. The business location consists of a 50 car, 4,000 square foot lot with 100 feet of highway...
Custom Vintage Car Dealer #454717 posted Sep 27, 2016
- Somerset County, New Jersey, United States
Corvette and Vintage motorcars is a classic car dealer who specializes in Corvettes of all years. We buy cars nationwide and refurbish any needs the car may have before selling. They established quite a nice network over the years and have built a great reputation in the industry of Classic Corvette...
Northern NJ Used Car Dealer W/Full Srvc Auto Body #402383 posted Mar 11, 2016
- New Jersey, United States
A used car dealership with a full service auto body shop in Northern New Jersey is available for sale due to the retirement of the seller. This business has been operating profitably for 31 years in the same location and is well known for excellent service. The used car segment of the business is...
Disclaimer: MergerNetwork has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness.