479 Totowa Ave

    Paterson City, NJ 07522
    • $75,000
    • STATUS: Active
    • ON SITE: 116 days
    • MLS #: 3581573
    UPDATED: 92 min ago
    $75,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 6,500
      SQFT
    • $12
      $/SQFT
    Type:
    Business Opportunity
    County:
    Passaic
    Area:
    Paterson City

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    Description

    Established Used Car Dealership for Sale. This well known business has been around for over 30 years! Owners are looking to retire. Owner Operated Business has grossed over $1 Mil in sales in the past. Owner has P&L and Excel Records to prove income. New owners must obtain $1 Mil Dollar Insurance Coverage. The owners will lease the lot for $2,900. The sales office has recently been renovated. This is a great opportunity for an entrepreneur to run their own business with a head start.

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    © 2019 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Weichert Realtors. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Weichert Realtors are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2019-12-15T14:46:05.24.
    www.jackiescura.com/homes/98140721

    479 Totowa Ave Paterson City, NJ 07522

    • Price: $75,000
    • Status: Active
    • Updated: 92 min ago
    • MLS #: 3581573
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    6,500
    SQFT
    $12
    $/SQFT
    County:
    Passaic
    Area:
    Paterson City
    Property Description
    Established Used Car Dealership for Sale. This well known business has been around for over 30 years! Owners are looking to retire. Owner Operated Business has grossed over $1 Mil in sales in the past. Owner has P&L and Excel Records to prove income. New owners must obtain $1 Mil Dollar Insurance Coverage. The owners will lease the lot for $2,900. The sales office has recently been renovated. This is a great opportunity for an entrepreneur to run their own business with a head start.
    Exterior Features

    Garage Description None Parking Driveway Description Blacktop Road Type County Street

    Interior Features

    Available Sq Ft 6500 Cooling Wall A/C Unit(S) Fuel Type Gas-Natural Number Of Lavatories 1

    Property Features

    Business Classification Retail Business Established 1971 Business Name Hosanna Motors Documents Available Aerial PhotographsFinancial Statements Existing Lease 5 Or More YearsSeller Owns Building Gross Operating Income 1000000 Heating 1 UnitBaseboard - Hotwater Lease Amount Month 29000 Net Operating Income 750000 Ownership Type Corporation Primary Business Classification Retail Sewer Public Sewer Total Operating Expense 250000 Utilities Gas-Natural Utility Amount 150 Water Public Water

    Listing information © 2019 Garden State Multiple Listing Service,LLC.
    Listing provided courtesy of .


    © 2019 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Weichert Realtors. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Weichert Realtors are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2019-12-15T14:46:05.24.
     
    Weichert Realtors
    1625 Route 10 East
    Morris Plains NJ, 07950