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Used Car Dealership

East Greenbush, New York (Rensselaer County)

Retail - Automotive Dealers

$Seller Financing Available

Asking Price $525,000 Inventory negotiable** 
Gross Income Not Disclosed Real Estate  
Cash Flow Not Disclosed Year Established 1970
FF&E N/A Employees N/A

* included in the asking price

** not included in the asking price

Long standing and well respected dealer in the community. Great visibility. Situated on heavily travelled route between suburban communities and Albany. Census data shows 58,000+ households within 3 mile radius with median household income of $45,000. Zoning in this town (East Greenbush) prohibits any more auto dealerships but this one is grandfathered in so it has additional value as such. Price is $525,000. Owner will hold paper at 7% with $250K down payment and full balloon in 2 years. If you'd like to see the property, click here - http://maps.google.com/maps?hl=en&tab=wl

Facilities: 1+ acre lot. 1,000 sf office w/small repair bay. Room for about 50 cars.

Competition: Zoning limits competition. Total of 5 used car dealerships along this road. Nearest are 1/8, 1/4, and 1/2 mile away.

Seller Financing Available: Yes

Financing: 7% with minimum of $250,000 down. 2 year balloon.

Business For Sale By

F.Michael Boehne

518-464-0870 x 201

Prudential Blake-Atlantic Realtors

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