Business Description

This business is a well-established, profitable online motor vehicle dealer based in New York, specializing in high-margin vehicle sales primarily conducted through websites and social media channels. With a strong track record of success, the business has seen continued growth, achieving gross sales exceeding $2.9 million in 2023. The owner and key staff members are willing to assist with a smooth transition for a new owner and highlight potential avenues for future expansion, such as adding financing options and expanding the vehicle inventory. Despite the challenges of scarce new vehicles and limited used vehicle availability in the USA, this business has thrived by maximizing profit per unit and market share. The company is in excellent financial standing, with all sales meticulously documented and audited for transparency. Aiming for an asking price of $2.2 million, the business is ready for acquisition by a serious buyer with sufficient liquid funds, as well as the potential for SBA financing for qualified individuals with the required experience and credit scores. Striving for growth and