Business Overview:
This RV Center is a one-stop sales, service, and storage company, that was founded in 1974 and has operated for forty-eight years at the same location from inception. The original owners had expanded the building three different times to handle the volume of growth. The current owners acquired the business in February 2016. This company specializes in the sale of RVs, motor homes, travel trailers, fifth wheels, and more, both new and used. In addition to sales, they also service each of the products. As with many other businesses during the COVID crisis obtaining inventory and parts was quite difficult; this affected sales along with the loss of a long-term salesman.
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Property Features and Assets:
This RV Center operates out of a 28,900 square feet facility. Included in this is a 24,000-square-foot showroom and a 4,900-square-foot service facility. This RV Center also owns a .4 acre lot across from its location used as service storage with 12 covered RV storage spaces. The entire facility sits on roughly three and a half acres including 38 covered RV rental storage spaces and 13 fully enclosed rental RV storage spaces. The storage spaces historically have maintained full occupancy with an approximate income of $40,000 per year. The facility is for sale for $1.9M and the owner is willing to finance $1M of the real estate purchase.
Assets = $3,505,026
Reason for Selling:
Illness.
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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