Business For Sale

Motorcycle & Watersports Dealership

Not Disclosed, WA


Asking Price: Annual Revenue:
$1,850,000 $7,700,000

Automotive & Boats: Dealerships - Auto, Truck, Motorcycle


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RE: Motorcycle & Watersports Dealership Broker: Bill Southwell
Owner Financing is Available!
The seller will finance 50% of the transaction for a qualified buyer.

Quick Facts

Asking Price: $1,850,000
Annual Revenue: $7,700,000
Net Profit: Not Disclosed
Cash Flow: $500,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 63435781
Broker Reference #: PS2018

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Business Overview:

This business is a multiple brand dealership in Western Washington offering new & pre-owned motorcycles, ATVs, utility vehicles, tractors, snowmobiles, jet skis, boats and outboard motors along with parts, accessories, apparel and superior service. The award winning business service department is recognized as a top dealer in the nation for service, warranty and parts.

Represented brands include Honda, Kawasaki, Yamaha, Suzuki, KTM & Polaris

The business is situated on a 2 ½ acre parcel on a high traffic arterial. The parcel supports a compound with five separate buildings comprising approximately 38,525 Square Feet of improved space. The business pays $10,000 per month in rent on a gross lease. The Seller is prepared to offer a qualified buyer a long term lease at current market rates. The real estate and buildings are not a part of this sale offering, however, the Seller would consider offers on the property.

The two owners effectively serve as Co-General Managers with daily oversight responsibilities for the business. The business supports four salaried positions: Sales Manager - $5,100 per month + commissions; Power Equipment Manager - $4,200 per month + commissions; Advertising/Finance Manager - $4,550 per month + commissions; and a Salesman - $2,300 per month + commissions. In addition, the business also supports nineteen other full & part time hourly employees in service, repair, and administration with compensation ranging between $13-$22 per hour. The Seller expects most salaried and all hourly employees to stay-on with the business post- sale in an effort to maintain continuity and insure a smooth transition for new ownership.

Bill Southwell is the lead broker for this business at IBA. Please contact Bill.

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Reason for Selling:

Retirement

Additional Details:

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

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Disclaimer:

The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.


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