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Auto Wholesaler / Auto Broker Business

Excelsior Business Group, LLC
For More Information Contact
Tony Torella
Excelsior Business Group, LLC
(212) 686-5790

Auto Wholesaler / Auto Broker Business

Industry Segment:
Auto Used Cars
General Location:
Queens, NY
Listing Number:
EBG-194322051

Purchase Information

Listing Price:
$350,000
Down Payment:
$350,000
Terms:
Seller Financing Available

Financial Information

Gross Sales:
$478,636
Cash Flow:
$38,193
Equipment:
$2,500
Included
Inventory:
$50,000
Included

Other Business Information

Year Established:
2021
Monthly Rent:
$3,000
Square Feet:
900
Employees:
0
Days & Hours:
Mon-Fri: 10:00am to 6:00pm Saturday: 10:30am to 5:00pm
Sunday: 11:00am to 3:00pm
Is this a Franchise?
N
Home-Based?
N
Can be Relocated?
N

Business Description

This highly profitable business is owned by four partners who have had numerous disagreements. Two of the partners are operating the business on a day-to-day basis, while the other two partners are investors who live in China. Because the partnership issues have frustrated all four owners, it was decided that it would be in everyone's best interest to put the business on the market for sale. Even though this business has only been in operation since May, 2021, the owners have created a business model that has proven to be very effective and highly profitable. In the short period of time that the business has been in existence it has grown to an annual rate of revenue exceeding $1,000,000. All revenue and cash flow claims will be proven and clearly documented by the seller.

Tony Torella
(212) 686-5790
(917) 881-1954
tony.torella@excelsiorbusinessgroup.com
Excelsior Business Group, LLC
555 Madison Avenue
5th Floor
New York, NY 10022
excelsiorbusinessgroup.com
Listing Number:  EBG-194322051
 

Last Revision:5/2/2022 12:11:00 PM
Please Note: All listings herein are exclusive to this listing office as of the date of submission. Information contained herein has been provided by the Seller. Broker has not and will not verify the accuracy or completeness of any information. Purchasers are advised to consult with their legal and financial advisors to the extent they deem necessary. No prospect shall receive the name of any listed firm until the STANDARD DISCLOSURE STATEMENT is signed by the prospect.
Excelsior Business Group, LLC

Contact Tony Torella
(212) 686-5790

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