Powersports Dealership Boulder County

Not Disclosed, CO


Asking Price: Annual Revenue:
$575,000 $3,816,000

Automotive & Boats: Dealerships - Auto, Truck, Motorcycle


Request More Information
Contact the Seller

RE: Powersports Dealership Boulder County Broker: Bill Scott
License #: FA.100049495

Quick Facts

Asking Price: $575,000
Annual Revenue: $3,816,000
Net Profit: Not Disclosed
Cash Flow: $177,193
Total Debt: Not Disclosed
FF&E: $250,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 16
BBN Listing #: 468310489
Broker Reference #: 1851

Email, Print & Share

Request More Information
Contact the Seller


Business Overview:

COVID-19 Status – 2020 YTD Sales Ahead Of 2019.

Rocky Mountain Kawasaki in Longmont, Colorado has been awarded top sales honors by Kawasaki for many recent years. It is rated "A" as a result of successful product category sales.

Although this dealership was shut down temporarily because of COVID-19, the return to business has been record breaking. This business is UP over the same period last year. People are staying close to home and playing on these toys.

This business serves Longmont, Boulder, and the surrounding area, which is rapidly growing and a very high-income area that is now under served by other brands. The Purchaser will need to qualify for the Dealership with the Manufacturer - this will require the ability to obtain a line of credit from the Manufacturer. Parts, Accessories, and many used machines are included in the price. Some used machines are on consignment. Most of the new machines are financed on a floorplan (lender program).

Enjoy a beautiful Colorado Front Range location with a very high quality-of-life reputation (it's just far enough away from the high-population of Denver). The area is booming but is currently under served by popular brands. This business has a significant protected area that prevents another Dealer from entering with this product line. The ever-increasing ATV-UTV sales are now greater than new motorcycle sales (with a higher per unit sales value). The company offers many profit centers:

- Motorcycle Sales
- UTV-ATV Sales
- Service and Parts
- Watercraft

Not only does this business offer growth opportunity in gross sales (for each profit center), it also can increase the net profit percentage with strategic changes.

The 4-lane highway frontage provides excellent marketing and name recognition. The company has been located in the same space for 14 years. The landlord is very accommodating on a new lease and will give all of the tenants in the strip first opportunity to buy if they decide to sell in the next 5-10 years. The facility can support a fair amount of growth.

There are 3 Owner-Managers. Two of these Owners are looking to retire. A single manager can replace both of the retiring owners. Another Owner is willing to stay at fair market wage. Owners' wages are added back to the cash-flow. Sellers and OEM will support the transition period. Many employees are aware of the sale and are committed to a successful transition.

Excellent opportunity to expand this dealership into other product lines that do not have a presence in the area. Due to Owner retirement, this business has not invested much effort into sales or strategic growth for many years. Billable Service Rates and Consignment Charges have not been increased for many years, so these can be increased without a noticeable effect on gross sales but will generate a significant increase in net profits.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Reason for Selling:

Retirement

Additional Details:

  • The property is leased.
  • The owner is not willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

Relevant Links:

Request More Information
Contact the Seller



BusinessBroker.net is one of the largest business for sale marketplaces in the world that connects tens-of-thousands of business buyers and sellers every month. Sell a Business Online or if you’re a broker or a commercial agent sign up for a Business Broker Membership today!