Extremely Profitable RV Extended Service Plan Firm

Not Disclosed, GA
Lowndes County

Asking Price: Annual Revenue:
$750,000 $1,242,094

Services: Financial, Accounting, Insurance

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RE: Extremely Profitable RV Extended Service Plan Firm Broker: Tony Khoury
Owner Financing is Available!

Quick Facts

Asking Price: $750,000
Annual Revenue: $1,242,094
Net Profit: Not Disclosed
Cash Flow: $279,687
Total Debt: Not Disclosed
FF&E: $14,000
Real Estate: Not Disclosed
Year Established: 2017
Employees: 2
BBN Listing #: 311658201
Broker Reference #: 13485-199363

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Business Overview:

This profitable and streamlined business sells ESP’s (Extended Service Plans) for the RV (Recreational Vehicles) and Towable Vehicle market within the US, which are in effect extended warranties.

Highly automated, with systems in place and with the existing owner only working 4-5 hours per week.

Perfect acquisition opportunity for an existing insurance company, car dealership with a financing department or an individual who would like to work from home.

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Property Features and Assets:

The founder of this business has over 15+ years in the dealership market of RV's, as well as in the sale of ESP's (Extended Service Plans) for new and used motorized vehicles and towable trailers. Once he sold his 5 dealerships to a large company over 3 years ago, he along with his wife created a 100% dedicated company focused on selling competitive ESP's nationwide. Everything has been digitized for maximum efficiency. Seller has an A+ Rating at the BBB and is accredited by the BBB. This business has shown continued revenue and profitability growth, is highly automated, can be operated anywhere, with an owner who only works between 4-5 hours per week.

Market Competition and Expansion:

Due to the low overhead, highly automated systems and proactive marketing of this company's extended warranty offerings, this company's ESP’s cost much less than the extended warranties sold by the OEM’s/Dealerships. Primary competition comes from the OEM's/Dealerships who are selling new and used motorized and towable vehicles at the time of a vehicle sale. However, because the purchase of RV's are extremely expensive, buyers typically shop around for ESP's prior to or shortly after their purchase, which ultimately result in this seller being contacted by the buyer for a competitive quote. Potential Growth: There is a tremendous upside to this business with the right buyer who can dedicate more time to this business. The hiring of additional sales associates, the creation of affiliate programs with vendors and bloggers, the expansion of selling ESP's to other industries, etc. This seller is a member of the Nation RV Dealers Association, has a Dealer's license, and has several areas of expansion in the pipeline to greatly increase profitability/growth/efficiency. Newly implemented tools and additional ideas for sales growth include: - Call center system where 300-400 leads/month are auto dialed with a “RV Buying Guide & Script” in order to weed thru leads (within 5 minutes), with a LIVE transfer to the GM. If the GM does not answer or is unavailable, a Calendy link is immediately provided to the buyer prospect to set up an appointment with the GM, which adds credibility, responsiveness and a high level of professionalism to the process. - The seller has optimized and continues to refine SEO to drive leads to the www.EagleVisionRV.com website, along with his other websites at www.RVDirectProtect.com and www.RVBosses.com. - Affiliates Program – not created yet, but in the works. Basically, a $50.00 payment would be provided to bloggers and vendors that refer a customer that results in the sale of an ESP sale. - Email List – not implemented yet, but potentially can reach 50,000 prospects, with the leads being directed to the website.

Reason for Selling:

Other venture.

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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