Business Overview:
A unique opportunity to own a high-performing retail sales & service business that sells high-margin products that bring amusement and joy to families and individuals throughout the Carolina’s. The business sells and services a variety of brands of scooters, mopeds, motorbikes, Go-Karts, ATV’s and other fun “toys”, as well as low-cost commuting vehicles.
This Charlotte area business has earned a strong reputation for integrity, quality and dependability and operates in a segment where there are few competitors. Many repeat customers and word-of-mouth referrals…and outstanding customer reviews on social media.
Strong financials in this business, with 2020 revenue up 85% over 2019, and year-to-date revenue in 2021 up nearly 10% over the same period in 2020.
There is an established sales and service team in place, as well as dependable vendor relationships that have minimized supply chain issues that others have faced.
Pre-qualified for SBA financing for qualified buyers.
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Property Features and Assets:
7,600 square feet leased space.
Market Competition and Expansion:
Owner will provide transition/training for four weeks and will agree to not compete with Buyer for 3 years from close within a 50-mile radius.
Reason for Selling:
Retirement
Additional Details:
- The property is leased.
- 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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