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- RE: Award Winning Powersports Dealership
- Contact: Orlando M Rivera
Quick Facts
Asking Price: | $700,000 | |
Annual Revenue: | $6,985,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $400,000 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | Not Disclosed | |
Employees: | 22 | |
BBN Listing #: | 329648816 | |
Broker Reference #: | Not Disclosed |
Business Overview:
Well-established, successful powersports dealership selling and servicing new/used motorcycles, ATVs, SxSs, scooters, and power equipment. Located in and serving the mid-Atlantic region, this award-winning dealership offers all of the products and services their customer base is looking for including a service department and sales of parts, clothing, and accessories. Brands include the most popular motorsports vehicles from Honda, Yamaha, Suzuki, Kawasaki, and more.
Last year’s revenues were $6.9 million with cashflow over $400,000. If the first quarter of 2023 is any indication, 2023 is looking even better. This powersports dealership has a large, loyal following of diverse repeat customers. There are few competitors in the region offering the same combination of brands and high-caliber of services. Customers are sticky due to the level of service and engagement developed over many, many years.
Located in a leased facility with the capacity to grow. Divided well between service and showroom space with ample parking on about 1.4 acres. Situated with great visibility and high traffic.
The dealership is a turnkey business. Operating for several decades, with extremely disciplined financial management systems. The staff has extensive industry knowledge. Employee turnover is relatively low. Experienced management team operates the business independently with minimal owner supervision. Detailed policies and procedures are developed for all departments: sales, service, and parts. The sales manager, service manager, parts manager, and office manager are long-tenured and key performers.
Great acquisition opportunity for a buyer desiring a well-established business with a great reputation in a high-energy industry. Also ideal for geographical expansion opportunities for existing industry acquirers.
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Reason for Selling:
Retirement
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is a franchise resale opportunity
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