Seller Financing Available
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Asking Price:
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$5,200,000
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Gross Income:
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$8,000,000
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Cash Flow:
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N/A
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FF&E:
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$1,000,000.00 *
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Inventory:
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$1,000,000.00 *
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Real Estate:
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$2,200,000.00 *
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Year Established:
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1978
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Employees:
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20
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Business Types:
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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
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Facilities:
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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.
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Competition:
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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.
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Growth/Expansion:
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Local market apears poised for improved economy and pre-recession this business generated substantial annual cash flow.
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Financing:
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Perhaps finance building portion with experienced buyer
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Support/Training:
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Seller will stay to train and provide for smooth transition
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Reason Selling:
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Retirement
Ad#: 650982
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