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The Wall Street Journal Online

Powersports Dealer - Honda, Yamaha, Suzuki, Kawasaki, Kymco

Wichita, Kansas (Sedgwick County)

Seller Financing Available

Photo Available
Asking Price:
$5,200,000
Gross Income:
$8,000,000
Cash Flow:
N/A
FF&E:
$1,000,000.00 *
Inventory:
$1,000,000.00 *
Real Estate:
$2,200,000.00 *
Year Established:
1978
Employees:
20
Business Types:
Automotive Dealers
Marine Dealers & Equipment

* included in the asking price

Business Description

Overview - Well-established multi-line powersports dealer (Company) with ATVs, scooters, watercraft, repair shop, parts and accessories. Long-term market with strong customer and employee relationships surviving the significant recessionary impact of the U.S. economy and reflecting positive operating results.

Largest showroom in the Midwest and is the largest combined motorcycle, off-road, power equipment, and watercraft dealership in the Great Plains

Unmatched parts inventory

Power equipment including lawn mowers and power products

Dedicated showroom to pre-owned bikes

Licensed product apparel and gear lines

Quality Service After the Sale with factory certified staff

Dedicated staff with high care level and competitive spirit

Web-site offering sales via Internet on parts & accessories

Offers financing services, multiple lines of insurance coverage, extended warranty, prepaid maintenance agreements

Detailed Information

Facilities:
Destination location facilities are excellent and are owned by the seller. Cash flow great before recession, then challenging, and now returning to better times. NOTE: All data in this listing subject to change and no agreement is reached until legal contracts signed at a closing.
Competition:
Competitive business but this seller has substantial advantages in market due to product offering breadth to inlude multiple brands or motorcycles, scooters, ATV, personal water craft, power products, and service division.
Growth/Expansion:
Local market apears poised for improved economy and pre-recession this business generated substantial annual cash flow.
Financing:
Perhaps finance building portion with experienced buyer
Support/Training:
Seller will stay to train and provide for smooth transition
Reason Selling:
Retirement
Contact Seller

Broker Information

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(from currently available resources)
months
 

Business For Sale Listed By

Chuck Engle
Engle Business Capital Services

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