Former J.d. Byrider Auto Store For Sale
Location New Jersey,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $2600000
Net Profit / Cash Flow $536000
Cash Flow Type EBITDA
Seller Finance No
Year Established 1994
Number of Employees 6 - 9
Relocatable No
Number of Employees 6 - 9
Real Estate Owned
Description A sophisticated automotive BUY HERE - PAY HERE business is now available for sale in South Jersey due to the owner retiring. This is a comprehensive 2-acre complex located on a major highway in Camden County. It is convenient to Philadelphia and minutes from the brand new $481 Million Dollar Virtual Hospital Complex in Voorhees.
This turnkey solution provides three revenue streams including Auto Sales, Service and Financing. You could utilize an existing office for a Check Cashing operation which would generate additional income. The auto business caters to the credit-challenged market. It specializes in selling popular make, used cars which are financed in-house at 24 percent interest.
This business model is the best in the industry because it offers a true one-stop solution to this large and growing marketplace. This BUY HERE - PAY HERE dealership is a profitable business which provides a valuable service to the community because it offers reliable used cars which are warranted for eighteen months.
This auto complex offers 3 separate buildings for Sales, Finance and Service. Additionally, there is a large storage pen for 100 cars. The complete operation is fully computerized, featuring a fully-integrated sales and finance software system and a service operations and billing software system. There is a Merlin phone system with an eight line capacity. Additionally, all areas are monitored with a 24-hour Digital Video Surveillance system.
This turnkey opportunity is offered at $1.35 million. It includes everything you need to get started including eight weeks of training.
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