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Connecticut Business For Sale |
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| HIGHLY PROFITABLE & GROWING MOTORCYCLE DEALERSHI |
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| Attn: Mike |
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| Not Disclosed, CT, USA |
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| Asking Price: |
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$not disclosed USD USA Dollars |
| Business for Sale Industry: |
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Auto & Mech: Retail |
| Reason for Selling: |
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Seller is tired of the day-to-day management. |
| Year Established: |
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1998` |
| # of Employees: |
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16 |
| Yearly Revenues: |
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$6,600,000 |
| Yearly Cash Flow: |
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$675,000 |
| Yearly EBITDA: |
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$550,000 |
| Yearly Gross Income: |
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$6,600,000 |
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Business for Sale Overview:
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This dealership is one of Connecticut’s leading retailers of quality motorcycles, motor scooters, mopeds, jet skis, all-terrain and utility vehicles. The Company’s large showroom also offers a full line of quality motor clothes, helmets and other riding gear. It is packed with all types of accessories. All products requiring installation, customization and service are backed by its team of professional factory-trained technicians. Steady and dramatic growth in sales and profitability makes this Company a very attractive acquisition candidate. The Company has grown in size, capability, and products since its formation and projects 2007 annual revenue to be approximately $6.6 million which is a 70% increase over the 2006 revenue. In 2006 revenue increased 53% over 2005. This growth has not come by sacrificing profitability as EBITDA increased by 143% in 2006 and is projected to increase by an additional 198 % in 2007.
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Property Features and Assets:
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The current facilities are recently renovated and in excellent condition. The current 13,200 sq. ft. building is located on almost five acres with excellent site visibility and plenty of parking. There is an additional 6,500 sq. ft. in a lower level which is used as additional storage and warehouse space. The building and real estate has recently been appraised for $1.2 million. Owners are willing to sell the facility with the business or lease the facility to an appropriate buyer for $8,800 per month ($105,600 per year) triple net. |
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Additional Details:
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- The property is owned.
- The owner is willing to train/assist the new owner.
- The owner may be willing to work for the new owner.
- This is not a homebased business opportunity.
- This is not a franchise opportunity.
- This is not a distressed business or bankruptcy situation.
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