High-margin Niche Vehicle Dealership - Business for Sale
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Niche Vehicle Dealership in Long Island, NY
US
Added 1 month ago
Niche Vehicle Dealership
36 years in business
RemoteAbsentee / Semi-AbsenteeRetiring Owner
A niche vehicle dealership with a strong online sales model, located in Long Island, NY, specializing in high-margin vehicle sales.
Key Information
Asking
$1.5M
Revenue
$1.4M
Earnings
$1
Multiple
1500000.0x
Key Highlights
- Business has been established for 40 years.
- Approximately 90% of business is generated through proprietary websites, internet marketing, and social media leads.
- More than 75% of transactions are completed remotely online or by telephone with buyers and dealers in the US and internationally.
- Business operates with 3 full-time employees and 1 part-time employee, in addition to the owner.
- Owner works approximately 25 hours per week and is seeking retirement.
- Valid New York dealer license permits vehicle sales and purchases in all 50 states and internationally.
- Minimum required liquidity for buyer is $1.9 million ($1.5M for acquisition, approximately $400K for inventory).
- Seller financing may be considered for a highly qualified buyer.
- Business is remote/relocatable as stated in the listing.
Contact Info
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