Indian Motorcycle and Slingshot Dealership for Sale

South East

Indian Motorcycle of Marietta

Asking Price:$900,000

Cash Flow:$520,000

Gross Revenue:$8,200,000

EBITDA:$350,000

FF&E:$400,000

Inventory:$175,000*

Rate/Sq. Ft.:$14.00

Established:2015

*not included in asking price.

Indian Motorcycle and Slingshot Dealership for Sale

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Business Description

Metro-Atlanta Franchised Dealer for Polaris Slingshot and Indian Motor

A consistent #1 Volume Dealer for both Indian Motorcycle and Polaris Slingshot. Located 9 miles from the center of Downtown Atlanta, GA, Marietta Georgia is in the Rapid Growth corridor of Cobb County. The dealership is located just 2 miles north of the new $1.5 Billion Atlanta Braves stadium that will be their home for the 2017 Season.

This facility was formerly the home of BMW and Ducati Motorcycles of Atlanta for a very successful 10+ years, when they moved across the street into a facility to double their Space. Mercedes-Benz just opened a new point this year about 1 mile from our location. Across the street we have Audi. Also within 2 miles there is Chevrolet, Nissan, Infinity, Cadillac, Lexus, etc. Also several big Box retailers such as Best Buys and a Target Superstore.

This corridor is a marketing whirlwind of Big Spender corporations.

The Sale Price includes an audited parts inventory, special tools, machinery, tools, furniture, fixtures, displays, lighting, etc. Everything in the building is current, in perfect working order and up to date and requires no additional expenditures. It excludes New and Pre-Owned Motorcycle Inventory which are floorplanned with Wells Fargo Bank and that line of credit for the outstanding units can be assumed by the buyer at their discretion.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building Sq. Ft.:
11,400
Lease Expiration:
4/1/2023
Employees:
6
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Built and Operated as a Motorcycle dealership for years, this is 11,400 Square Feet of building including offices, a perfectly sized showroom that is build exactly to Polaris standards with the newest in Lighting, Fixturing, Flooring, etc. The Bathrooms are ADA compliant. Lots of Parking. We have a right-right hand turn out of the facility that allows for Demo-Test Rides around a 7 mile loop with all right hand turns.....no cross traffic or intersections (this is Atlanta, after all). Build out was completed in April 2015 so all of interior is new.
Competition:
We are one of 3 Indian Motorcycle Dealers in Atlanta Metro. One of 5 Slingshot Dealers. Every motorcycle brand in the world as well as any other recreational product like boating and golf is in the 8 million population Metro-Atlanta Market.
Growth & Expansion:
Atlanta Georgia. All the pro-sports franchises are here and the Busiest Airport in America. Not a better marketplace in the US right now with an economy this strong and the value of these dynamic brands.
Support & Training:
Polaris Industries, (Symbol PII) is a huge multi-national Corporation so they have a tremendous amount of training and support. All of the current staff is 100% Polaris and Indian Certified
Reason for Selling:
Got other dealerships as well, so part of what I do is sell things, right?
Franchise:
This business is an established franchise
Business Website:
http://www.indianmotorcyclemarietta.com

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Business Listed By:
Stuart Richards

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