High-margin Niche Vehicle Dealership - Business for Sale
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Niche Online Vehicle Dealership in Nassau County, NY
NY, US
Added 1 month ago
Niche Vehicle Dealership
36 years in business
Retiring Owner
This business is a 40-year-established niche motor vehicle dealership with a dominant online sales model, serving a national and international customer base from Nassau County, NY.
Key Information
Asking
$1.5M
Revenue
$1.4M
Earnings
$588K
Multiple
2.5x
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 retail buyers and dealers located throughout the United States and internationally.
- Business operates from a Long Island, NY office with low overhead and a small staff: 3 full-time employees and 1 part-time employee in addition to the owner.
- Valid New York dealer license permits vehicle sales and purchases in all 50 states and internationally.
- Owner works approximately 25 hours per week and is 77 years old, seeking retirement.
- Minimum required liquidity for buyer is $1.9 million ($1.5 million for acquisition plus approximately $400,000 for inventory).
Contact Info
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