Northern NJ Car Buyer Service For Sale

Business description

All figures are verifiable. Business is involved in the acquisition and payment of used cars from individuals and new car dealers. Largest of its kind in the Tri State area. This is an extremely profitable situation, where potential buyer can receive good portion of his purchase back within just one year of operation. Rental of $8,000 per month can be substantially reduced by sub leasing major portion of present office; this will bring cash flow to over $700,000 figure per year. The location of business is in the center of Bergen County on one of the busiest highways there. Rate to find this profit for a business in the Auto industry for such a low price owner of property is the business owner and would give option to buy, and give a great future lease term to purchaser. Business uses internet for most of its advertising. This is a family owned business established in 1969 and endorsed by Better Business for 20 yrs. Clients go to them for convenience rather than desperation. They know that they'll be treated fairly and with respect. This company is the largest car buying service in the Tri State Area. Since 1969 they have purchased over 100,000 cars trucks and SUV's from customers and new car dealerships. Since it has been recognized by the Better Business Bureau BBB information system (BIS) in 1988, not a single complaint has ever been filed against them. All customers get the best price the first time nad are never haggled down. Car buying is a simple process and fast. This outlet has been here for a long time and they stand behind their integrity. The car buying service recommends that sellers go to several other dealers and then go there. There is a big demand for used cars today, however, the buyers are over seas, where buyers don't have the luxuries that we have in this country increasing the demand for used cars. This is the place to go to when you are selling your vehicle.

Property information

Real Estate:

Real Property Included

Location:

independent building with parking, well kept new owner has option to sublease portion of office headquarters.

Other information

Expansion potential:

following internet advertising into different media-such as tv or radio.

Competition / Market:

largest car buyer source in the tri state area

Support & training:

two weeks

Reasons for selling:

death in family

Trading hours:

9am-6pm M-F Sat 10am-5pm

Financing available:

Owner willing to accept $750,000 - down with $100,000 - financial over time neg.

Furniture / Fixtures value:

$30,000 (included in the asking price)

Inventory / Stock value:

$300,000