Vespa Manhattan - Flagship Dealership Exclusive

Not Disclosed, NY
New York County

Asking Price: Annual Revenue:
Not Disclosed $1,500,000

Automotive & Boats: Dealerships - Auto, Truck, Motorcycle

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RE: Vespa Manhattan - Flagship Dealership Exclusive Broker: Winfield Smart

Quick Facts

Asking Price: Not Disclosed
Annual Revenue: $1,500,000
Net Profit: Not Disclosed
Cash Flow: $392,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 180035879
Broker Reference #: 6842-986332

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Business Overview:

Asking Price: Contact for more information.

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.

Market Competition and Expansion:

The growth opportunities are tremendous! 1) Vespas in NYC previously all required the driver to have a motorcycle license. Starting in June 2019, some Vespa and Aprilia scooters may be driven by anyone with a simple drivers license. This "motorcycle license requirement" has been an impediment to purchase for over 80% of Vespa Manhattan prospects! 2) NYC has passed congestion pricing so that all cars south of 60th street in Manhattan will pay $10 or more. Motorcycles and scooters are EXEMPT from this new congestion pricing - scheduled to take effect in 2021.

Reason for Selling:

Other business interests.

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.

Relevant Links:

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