Auto Wholesale Business

Business Overview:

This highly profitable business is owned by four partners. Two of the partners are running the business on a day-to-day basis, while the other two partners are investors who live in China. Because of partnership issues which 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, it has a business model that has proven to be very effective and highly profitable.

The owners of the business have the following licenses:
1) Auto Wholesaler License
3) Auto Broker License

In addition to the two partners, who are operating the business, there are 5 outside sales reps who are paid on a commission basis..

All revenue and cash flow claims will be proven and clearly documented by the sellers.

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Property Features and Assets:

Street Level building (700 square feet), with a basement (200 square feet).

Market Competition and Expansion:

Competition is not an issue. This company has developed its own special niche in the Auto Wholesale market. And, most importantly, the operating partners have developed solid relationships with retail dealers, auction houses and auto body shops. The forecast for growth is very strong. It is based not only on the current success of the business, but also on the future revenue projections that are expected as a result of the fine-tuned business model that was developed by the current owners, and the non-stop high demand that exists in the automobile market for late model used cars.

Reason for Selling:

Partnership Issues.

Additional Details:

Relevant Links:

• View more New York businesses for sale
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